Petra Diamonds Secures at Least $20 Million in Advance Payments
Cullinan Mine secured at least $20 million in revolving advance payments against future run-of-mine production. Petra also agreed to lender forbearance until the earlier of 12 months or repayment of outstanding amounts; its strategic review continues.
Cullinan Mine secured at least $20M in revolving advance payments against future run-of-mine production. Petra also agreed lender forbearance until the earlier of 12 months or repayment of amounts outstanding under the agreement, while its strategic review continues.Material DetailsContext by AI An…