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Euro Sun Mining Signs Term Sheet for US$200 Million Facility
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Euro Sun Mining Signs Term Sheet for US$200 Million Facility
Jun 20, 2025 5:19 AM

08:05 AM EDT, 06/20/2025 (MT Newswires) -- Euro Sun Mining ( CPNFF ) on Friday said it has signed a term sheet for a copper concentrates prepayment facility of up to US$200 million.

This facility, offered by Trafigura, will secure the financial requirements to advance the Rovina Valley project in Romania over the next 18 months. Trafigura, along with a consortium, will also provide the company with an additional debt component of up to US$200 million when the Rovina project reaches the construction phase.

Euro Sun is progressing with its environmental impact assessment submission for the project.

The Rovina Valley Project is home to the second-largest copper and gold deposits in Europe.

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