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Nativo Resources Secures Three-month Repayment Holiday for GBP2 Million Loan

MT Newswires·10/02/2026 06:04:58
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06:04 AM EDT, 10/02/2026 (MT Newswires) -- Nativo Resources (NTVO.L) obtained a three-month principal repayment holiday on its 2.1 million-pound-sterling unsecured loan agreement with YA II PN, an institutional investor managed by Yorkville Advisors Global. The repayment holiday applies to September, October and November, with 1.7 million pounds of principal outstanding under the loan, according to a Friday release. The pause will support the gold mining company's project financing and equity deal with Chancery Royalty, enabling it to use the funds to build and commission the first phase of the La Patona gold ore processing plant.