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On 28 August 2026, Tungsten West Plc announced the full repayment of its Short-Term Loan Facility, which was originally announced on 21 May 2026. Following this repayment, the debt facility provided by the National Wealth Fund, previously announced on 25 August 2026, became effective.
| Date | 28 Aug 2026 |
| Time | 08:07:09 |
| Category | Miscellaneous |
| ID | 5958S |
28 August 2026
Tungsten West Plc
("Tungsten West", the "Company" or the "Group")
Short-Term Loan Repayment
Tungsten West (AIM:TUN), the mining company focused on restarting production at the Hemerdon tungsten and tin mine ("Hemerdon" or the "Project") in Devon, UK, is pleased to announce that, further to the Company's announcement of the National Wealth Fund ("NWF") fundraising on 25 August 2026, the Company has repaid in full the Short-Term Loan Facility announced on 21 May 2026. Following this repayment, the debt facility provided by the NWF has become effective.
All defined terms used in this announcement shall have the same meaning as in the Company's announcements on 21 May 2026 and 25 August 2026 unless otherwise defined herein.
Ends
For further information, please contact:
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Tungsten West Jeff Court, Chief Executive Officer Phil Povey, Chief Financial Officer Tel: +44 (0) 1752 278500
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Strand Hanson Limited (Nominated Adviser and Financial Adviser) James Spinney / James Dance / Abigail Wennington Tel: +44 (0) 207 409 3494
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BlytheRay (Financial PR) Megan Ray / Rachael Brooks Tel: +44(0) 20 7138 3204 Email: [email protected]
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Hannam & Partners (Broker) Andrew Chubb / Matt Hasson / Jay Ashfield Tel: +44 (0)20 7907 8500 |