New A$150M Financing Commitment

On 1 April 2026, we were pleased to announce we had entered into a commitment letter and final credit-approved term sheet with a syndicate of tier-one international financial institutions for a A$150 million Senior Secured financing package.

The package further strengthens our balance sheet and enhances liquidity and comprises a A$110 million Rehabilitation Bonding Facility (RBF) and a A$40 million Revolving Credit Facility (RCF). The RBF is structured with three- and five-year tranches, while the RCF has a three-year term with no amortisation or cash backing requirements over the facility terms and no mandatory hedging.

The new facilities replace existing arrangements with Trafigura Pte Ltd and enables the release of approximately A$38 million in restricted cash held against rehabilitations bonds, with no scheduled limit reductions or further cash backing during the extended terms of the RBF.

The financing process attracted strong interest from multiple financiers and was ultimately oversubscribed, reflecting confidence in Aurelia’s strategy and outlook.

Managing Director and Chief Executive Officer, Bryan Quinn spoke about the announcement and noted the commitment represents an important milestone for the Company.

“These new facilities materially strengthen our balance sheet, increase liquidity and provides financial flexibility as we progress towards our goal of 40,000 tonnes of copper equivalent production in FY28,” Bryan said.

“I want to also acknowledge and thank our refinancing project team, led by our Chief Financial Officer, Martin Cummings and comprised of dedicated Aurelia employees, our financial advisory partners at Bridgend Capital Advisory and our legal team at Allens, for their dedication towards securing this outcome,” Bryan concluded.

The financing remains subject to customary conditions precedent and final documentation, with financial close targeted for Q4 FY26. Trafigura will continue as a valued concentrate offtake partner.

Further information and the key terms of these facilities are available in the ASX announcement: New A$150M Financing Commitment Further Strengthens Balance Sheet.