Cyprium Announce a US$35M Secured Offtake Prepayment Facility for Nifty

Cyprium Metals (ASX: CYM)

Announced that it has signed an exclusive Term Sheet with Transamine SA for US$35 million in respect of a Copper Cathode Offtake Secured Prepayment Facility.

This Offtake Prepayment Facility is part of the targeted AU$240 million to AU$260 million debt funding package to finance the restart of the Nifty Copper Project in WA.  Continue reading