PanAust takes on $141M in debt

PANAUST has signed a bank loan deal that the company says will underpin the development of its flagship copper mine in Laos and free up operational cash for the development of its other projects.

PanAust takes on $141M in debt PanAust takes on $141M in debt PanAust takes on $141M in debt PanAust takes on $141M in debt PanAust takes on $141M in debt

PanAust said this morning it had signed loan agreements with a syndicate of banks to open a $US102 million ($A113.1 million) debt facility, secured against its Phu Kham assets.

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