Jervois Global Limited (AU:JRV) has released an update.
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Jervois Global Limited has secured an additional US$24.5 million under its Working Capital Facility, increasing the Term Loan limit to US$32 million. This financial boost is part of Jervois’ restructuring efforts to recapitalize its balance sheet, with the loan maturity extended to March 2025. The company’s current cash balance stands at US$9.8 million, with drawn senior debt at US$151.6 million.
For further insights into AU:JRV stock, check out TipRanks’ Stock Analysis page.
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