Renascor Resources Secures Dutch Government-Backed Project Finance Milestone for Siviour Graphite Project

Renascor Resources announced that, following a preliminary assessment of the Siviour Graphite Project, Atradius on behalf of the Dutch State has issued a Letter of Interest (LOI) confirming in principle project finance support under the Dutch export credit guarantee scheme (ECA Cover).

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Renascor Resources receives in-principle finance support for Siviour graphite project from Dutch government

South Australia’s Renascor Resources (ASX: RNU) has been granted in-principle project finance support from the Netherlands government for the development of its Siviour graphite project, along the state’s Eyre Peninsula.

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Renascor Resources’ Shares Surged On ASX Post Announcement Of LOI Issued By Atradius

Renascor Resources Limited (ASX: RNU) is into mineral exploration in Australia, including gold, copper, uranium and other minerals.
The company today, on 10th April 2019, announced that after doing a preliminary assessment of the Siviour Graphite Project, Atradius has issued a Letter of Interest (LOI) on behalf of the Dutch State, where it confirmed the requirement of finance support for its principle project under the Dutch Export Credit Guarantee Scheme (ECA Cover).
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