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CORRECT: Investec cuts Eastern Platinum loan to ZAR110m from ZAR150m

10th Nov 2022 09:05

(Corrects company name.)

Eastern Platinum Ltd - Vancouver-based miner - Investec Bank Ltd cuts credit facility for subsidiary Barplats Mine (Pty) Ltd to ZAR110 million from ZAR150 million. The facility will be used for working capital purposes and funding the restart of the Zandfontein underground section of its flagship Crocodile River Mine, located near Brits, South Africa.

Current Eastern Platinum stock price: ZAR3.16

12-month change: down 27%

By Artwell Dlamini; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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