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Nativo Resources Plc announced on 02 October 2026 that it has agreed with YA II PN Ltd to a three-month repayment holiday on its £2.1 million unsecured loan. This agreement covers principal instalments for September, October, and November 2026. The loan currently has £1.68 million of principal outstanding.
| Date | 2 Oct 2026 |
| Time | 07:00:03 |
| Category | Miscellaneous |
| ID | 3046X |
2 October 2026
Nativo Resources Plc
("Nativo" or the "Company")
Loan Facility Update
Nativo Resources plc (LON: NTVO), the precious metals company with gold mining and processing interests in Peru, announces it has agreed with YA II PN Ltd (the "Lender"), an institutional investor managed by Yorkville Advisors Global, LP, a three-month repayment holiday under the Company's £2.1 million unsecured loan agreement announced on 20 May 2026 (the "Loan Agreement").
Under the Loan Agreement there remains £1.68 million of loan principal outstanding. The Company and the Lender have agreed a principal repayment holiday in respect of September, October and November 2026. Thereafter, normal monthly instalments plus interest as set out in the 20 May 2026 announcement shall resume until the loan has been repaid.
The loan holiday supports the Company's project financing and equity subscription agreement with Chancery Royalty Limited ("Chancery"), announced on 18 September 2026, and will enable Nativo to direct the capital that would otherwise have been applied towards the YA amortisation payments to the construction and commissioning of the Phase 1 La Patona Gold Ore Processing Plant ("La Patona").
Stephen Birrell, Chief Executive Officer of Nativo, commented:
"We appreciate the flexibility shown by our Lender in allowing us to prioritise capital to be invested in the Phase 1 La Patona Gold Ore Processing Plant for which we are targeting commissioning and first revenues in Q2 2027."
Enquiries:
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Nativo Resources Stephen Birrell, Chief Executive Officer Via Vigo Consulting |
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Zeus (Nominated Adviser & Joint Broker) James Joyce James Bavister Tel: +44 (0)20 3829 5000
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Hybridan LLP (Joint Broker) Claire Noyce Tel: +44 (0)20 3764 2341
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Axis Capital Markets (Joint Broker) Richard Hutchison Tel: +44 (0)20 3026 0320 |
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Vigo Consulting (Investor Relations) Ben Simons George Pope Tel: +44 (0)20 7390 0234 |
About Nativo Resources Plc
Nativo aims to establish itself as a vertically integrated gold mining and processing business in Peru. The Company's strategy is based on developing three core activities: primary gold mining, gold ore processing, and the recovery of gold from tailings. The Company has already acquired or optioned several projects for development and has identified additional opportunities for expansion. Nativo's nearest-term objectives are to establish gold production and develop La Patona Gold Ore Processing Plant to process Nativo's own and third-party material.
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