LZM Funding

Lifezone Metals Secures $60 Million Bridge Loan from Taurus Mining Finance

Published August 11, 2025 at 10:30 AM

NEW YORK--(BUSINESS WIRE)---- $LZM #BatteryMetals--Lifezone Metals Limited’s (NYSE: LZM) Chief Executive Officer, Chris Showalter, today announced that Lifezone’s wholly-owned subsidiary, Kabanga Nickel Limited, has entered into a $60 million bridge loan facility agreement with Taurus Mining Finance Fund No. 2, L.P. (Taurus), a leading global provider of structured finance to the mining sector. The facility will support the advancement of the Kabanga Nickel Project, located in north-west Tanzania, by funding the devel

Related Questions

When is the repayment of the bridge loan expected, and what is the planned source of repayment? How will the $60 million bridge loan affect Lifezone Metals’ cash flow and balance sheet? What are the specific terms and covenants of the bridge loan agreement with Taurus Mining Finance? How does the bridge loan funding accelerate the Kabanga Nickel Project’s development timeline? What is the market’s reaction to the announcement—does the stock price move on the news? Will the bridge loan lead to any equity dilution or secondary offering in the future? How does this financing compare to Lifezone’s previous capital‑raising activities and to peers in the nickel sector? What are the key risks associated with the Kabanga Nickel Project that could impact the loan’s repayment or project viability? Is there any impact on Lifezone’s existing debt facilities or credit ratings due to this new loan? What are the projected production and cost metrics for Kabanga once the loan‑supported development is completed? How does the bridge loan affect Lifezone’s overall capital allocation strategy and future growth plans? What is the expected impact on Lifezone’s earnings per share (EPS) and cash‑per‑share metrics in the near term?