Coburn on the 'cusp' after Strandline gets more debt funding

MINERAL sands company Strandline Resources has secured US$60 million in debt funding for its flagship Coburn mineral sands project in Western Australia via a senior secured bond issue, putting it on the “cusp” of giving the project the go-ahead.

 Coburn on the 'cusp' after Strandline gets more debt funding  Coburn on the 'cusp' after Strandline gets more debt funding  Coburn on the 'cusp' after Strandline gets more debt funding  Coburn on the 'cusp' after Strandline gets more debt funding  Coburn on the 'cusp' after Strandline gets more debt funding

Coburn, WA

The $60 million bond, plus the potential A$150 million loan from Northern Australia Infrastructure Facility are seen as "jointly securing Coburn's full debt

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