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Sheffield Resources Limited (ASX:SFX)
ALERT: Price-sensitive ASX Announcement for SFX
Current share price for SFX : $0.044 -0.001 (-2.22%)+
Announcement
Release
1 Jul 2026 8:12AM
Price at Release
$0.045
Full Release
Summary
Sheffield Resources Limited, through its joint venture Kimberley Mineral Sands Pty Ltd, has provided an update on the Thunderbird Mineral Sands Mine in Western Australia. The company is engaged in ongoing negotiations related to the restructuring of senior loan facilities with primary lenders Sheng Feng and the Northern Australia Infrastructure Facility (NAIF). A waiver and deferral arrangement has been agreed upon for upcoming interests and principal repayments. Despite the negotiations, there remains uncertainty regarding the successful amendment of these loan facilities. Sheffield and YGH Australia Investment Pty Ltd continue as sponsors and guarantors of these facilities. The company remains committed to informing stakeholders of further developments.
Key Points
- Sheffield Resources updates on Thunderbird Senior Loan Facilities.
- Negotiations ongoing with lenders Sheng Feng and NAIF.
- Waiver and deferral for December 2025, March 2026, and June 2026 repayments agreed.
- Uncertainty remains in amending senior loan facilities.
- Sheffield and YGH Australia as sponsors and guarantors.
- Commitment to updating stakeholders on future developments.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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