Iron Road gets loan extension

ASX-listed Iron Road on Thursday reported that the maturity date of it’s A$5.4-million loan facility from shareholder Sentient Global Resources Fund, has been extended until the end of June this year.

“We appreciate the ongoing support from our major, long-term shareholder Sentient. Sentient’s financial backing and their invaluable contributions to the recently revised Central Eyre iron project (CEIP) development strategy are key to renewing interest with potential investment partners in the project,” said Iron Road MD Andrew Stocks.