Denarius Metals Announces Finalization of US$9,000,000 Prepayment Financing with Trafigura for Its Zancudo Project
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Denarius Metals Corp. has finalized a US$9 million prepayment financing agreement with Trafigura to fund the completion of construction at its Zancudo Project in 2025.
February 10, 2025 | 12:15 pm
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Denarius Metals has secured a US$9 million prepayment financing from Trafigura, which will fully fund the Zancudo Project's construction activities in 2025.
The US$9 million financing from Trafigura ensures that Denarius Metals has the necessary funds to complete the Zancudo Project. This financial backing is likely to boost investor confidence and positively impact the stock price in the short term.
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RELEVANCE 90