PERTH, Australia, Aug. 17, 2025 (GLOBE NEWSWIRE) -- Alkane Resources Limited (ASX: ALK; TSX: ALK; OTCQX: ALKEF) (‘Alkane’ or ‘the Company’) is pleased to announce the repayment of the outstanding A$45,000,000 debt in the Macquarie facility established for the expansion of the Company’s Tomingley Gold Operations (Tomingley) in Central New South Wales.
Related Questions
How will the full repayment of the A$45,000,000 facility affect Alkane Resources' liquidity and credit metrics?
What does the debt repayment indicate about the company's future capital allocation and growth strategy for Tomingley Gold Operations?
Will the reduction in leverage influence market perception and potentially drive the stock price higher or lower?