IN BRIEF: Alien Metals stock surges on loan extension, iron interest
Alien Metals Ltd - Australia-focused minerals exploration and development company - Enters formal documentation to extend the repayment date of its convertible loan facility with Bennelong Resource Capital Pty Ltd from December 31 to September 30. Says the amount available for drawdown under tranches 2 and 3 has been increased to AUD1.0 million. This provides "greater funding flexibility while it explores alternative sources of capital and/or pursues asset sales." Read More