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Heron completes draw-down of third and final tranche of US$20M debt

Heron Resources Limited (ASX:HRR, “Heron” or the “Company”) is pleased to announce it has completed the draw-down of the third and final tranche of US$20M of Debt from Orion Mine Finance.   As announced to the market on 30 June 2017, the total Debt provided by Orion Mine Finance is US$60M which has now been fully drawn.   
Heron Resources Managing Director, Wayne Taylor commented: “This final draw down represents the completion of the A$240M funding package announced in July 2017 and provides the final remaining capital for the Company to complete construction and transition the Woodlawn Project into production.”
For further information regarding Heron Resources, please visit www.heronresources.com.au or contact:
Heron Resources
Mr Wayne Taylor
Managing Director and CEO
Tel: +61 2 9119 8111
Email: heron@heronresources.com.au
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Copyright © 2018 Heron Resources, All rights reserved.


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