Solidcore Resources plc (“Solidcore” or the “Company”) is pleased to announce that it has entered into a credit facility agreement with Dutch bank ING for up to US$ 100 million. The Company aims to use the funds for general corporate purposes, including the refinancing of loans maturing this year.
“Our agreement with ING marks another milestone in Solidcore’s track record of securing international financing. Partnering with this leading global institution underscores the strong confidence in our strategy and long-term vision”, said Evgenia Onuschenko, CFO of Solidcore Resources plc.“At ING, we are pleased to support Solidcore throughout their journey of growth and transformation. We are committed to building enduring relationships and being a reliable partner at every stage of our clients’ evolution. Hence, we look forward to supporting Solidcore as they continue to grow and expand”, said Cilia Ruinen, Head Metals Mining & Fertilizers EMEA at ING.
About Solidcore
Solidcore Resources is a leading gold producer registered in AIFC, Kazakhstan, and listed on Astana International Exchange. Solidcore operates two producing gold mines and a major growth project (Ertis POX) in Kazakhstan.
About ING
ING Bank, headquartered in Amsterdam, is one of the world’s largest financial institutions with a strong European foundation. Operating in over 100 countries, it offers a broad range of retail and corporate banking services, supported by strong digital capabilities and deep sector expertise – particularly in Metals and Mining.
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Alina Assanova
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FORWARD-LOOKING STATEMENTS
This release may include statements that are, or may be deemed to be, “forward-looking statements”. These forward-looking statements speak only as at the date of this release. These forward-looking statements can be identified by the use of forward-looking terminology, including the words “targets”, “believes”, “expects”, “aims”, “intends”, “will”, “may”, “anticipates”, “would”, “could” or “should” or similar expressions or, in each case their negative or other variations or by discussion of strategies, plans, objectives, goals, future events or intentions. These forward-looking statements all include matters that are not historical facts. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the company’s control that could cause the actual results, performance or achievements of the company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the company’s present and future business strategies and the environment in which the company will operate in the future. Forward-looking statements are not guarantees of future performance. There are many factors that could cause the company’s actual results, performance or achievements to differ materially from those expressed in such forward-looking statements. The company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.
