Ramelius Resources' new A$175m revolving debt facility

Ramelius Resources Limited (ASX: $RMS) has executed a Syndicated Facility Agreement (SFA) with several major banks, securing a revolving corporate facility of A$175 million for a four-year term with the option to extend by a further year. The new facility replaces the previous A$100M facility and provides the company with added financial flexibility.

Managing Director's Comments on New Facility

We are very pleased to enter into this facility with our syndicate of lenders who are also considered to be our business partners. While Ramelius has a strong balance sheet and we generate significant operating cash flow, we feel it is important to have the added financial flexibility which this low cost revolving debt facility provides us.

Summary of Ramelius Resources' Announcement

Ramelius Resources Limited (ASX: $RMS) has secured a new A$175 million revolving corporate facility for a four-year term with the option to extend by a further year. The facility, which is currently undrawn, provides the company with added financial flexibility despite its strong balance sheet and significant operating cash flow. With over A$500 million in liquidity, including cash and gold on hand, the company remains debt free. The announcement reflects the company's strategic approach to financial management and its commitment to maintaining a robust financial position.