Cornish Metals

Cornish Metals has successfully secured £52 million in credit facilities from its two major shareholders, National Wealth Fund and Vision Blue Resources, to support the advancement of its South Crofty tin project.

Summary of transaction details:

• Value: £52,000,000
• Sector: Mining & Metals
• Advisor: N/A
• Key Entities: Target: Cornish Metals; Investors: National Wealth Fund, Vision Blue Resources
• Location: Cornwall, UK

Note: This financing, provided by significant shareholders, demonstrates strong internal confidence and commitment to progressing the South Crofty tin project, a crucial step towards its final investment decision and future operational success.