Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Lithium
42.80
(0.3%)
Gold
2,739.50
(0.84%)
Copper
4.34
(1.03%)
Oil
71.43
0.11%
Bitcoin
66,703.32
(1%)
FTSE 100
8,276.03
(0.37%)
Nikkei 225
38,104.86
(0.76%)
Dow Jones
42,718.91
(0.27%)
Iron Ore
98.80
(1.8%)
USD/AUD
0.66
(0.69%)
Hang Seng
20,760.15
1.14%
Hillgrove Resources (ASX: $HGO) secures $10 million debt facility
- Author: Stock Piper
Hillgrove Resources strengthens financial position
Hillgrove Resources (ASX:HGO) has executed a $10 million stand-by debt facility with Freepoint Metals and Concentrates LLC. This facility supports the company's expansion at the Kanmantoo Copper Mine. Structured in two $5 million tranches, it enhances Hillgrove's balance sheet without requiring immediate fund withdrawal.
Hillgrove Resources' strategic financial move
Hillgrove Resources has secured a $10 million stand-by debt facility with Freepoint Metals to support its Kanmantoo Copper Mine operations. The facility, structured in two $5 million tranches, improves financial flexibility without immediate fund withdrawal. It includes security arrangements over Hillgrove's assets, with repayment scheduled over six installments. The facility allows Hillgrove to focus on safe and reliable copper production, grow ore reserves, and extend the mine's life. This strategic move aims to capitalize on opportunities at Kanmantoo, ensuring growth and sustainability.
Executive insights on new financial agreement
The board selected Freepoint's proposal after a competitive market process due to its favorable terms and existing security position.
HILLGROVE RESOURCES LIMITED
HGO | ASX | Materials
0.066-0.002(-2.94%)
At close 22/10 (AEDT)
Market cap
$138.3M
Volume
3,110,463
DY Yield
PE Ratio
52 Week Range
0.047 - 0.096
1YR Return
N / A
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