Highlands finance structure locked and reloaded

HIGHLANDS Pacific has finalised its previously mooted finance restructure at its Kainantu operation in PNG, along with a $US20 million capital raising through Resource Capital Fund, which will fund the re-optimisation of production and near-mine exploration.

Highlands finance structure locked and reloaded
Highlands finance structure locked and reloaded
Highlands finance structure locked and reloaded
Highlands finance structure locked and reloaded
Highlands finance structure locked and reloaded

The restructure is designed to reduce its hedging commitments back from more than 227% of production over two years to 60% of production over four years, in a deal that will include a 50,000oz gold

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