Volt Resources secures funding for project advancement

Volt Resources Limited (ASX: $VRC) has secured a funding agreement with RiverFort Global Capital Ltd for an aggregate loan of up to A$1,000,000. The Company plans to utilize these funds to advance downstream activities and the Bunyu graphite project development, along with other general working capital purposes.

Executive Chairman's Commentary on Funding Agreement

We are pleased to obtain funding for our projects from this facility. Volt continues to make strong progress on key initiatives with its downstream activities. Our strong non-dilutive funding pipeline forms a key part of this strategy to become a graphite market leader. Volt's intention is to repay the funds advanced under the facility by the Maturity Date.

Summary of Volt Resources Funding Announcement

Volt Resources Limited (ASX: $VRC) has entered into a funding agreement with RiverFort Global Capital Ltd for an aggregate loan of up to A$1,000,000. The Company intends to use the funds to advance downstream activities and the Bunyu graphite project development, in addition to other general working capital purposes. The funding forms a crucial part of Volt's strategy to establish itself as a leader in the graphite market. Volt aims to repay the funds by the Maturity Date, demonstrating its commitment to financial responsibility and sustainable growth.