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Following payment of the $500,000 the current balance of the facility is approximately $4,575,250. Interest and costs will continue to accrue through until final settlement under the terms of the facility announced on 20 February 2023.
Further to its previous ASX releases of 20 February and 14 March 2023, Tombola Gold Ltd (ASX:TBA) wishes to provide the market with a further operational update in relation to its gold processing operations at the Great Australian Mine (GAM) plant.
Tombola Gold Ltd (ASX:TBA) wishes to advise that the Company's original Asset Sale Agreement with True North Copper Pty Ltd has now been mutually terminated. As part of these negotiations, the parties have reached consensus on a restructured transaction.
Further to its previous ASX releases, Tombola Gold Ltd (ASX:TBA) wishes to provide the market with a brief update as it works towards the re-quotation of its securities on the ASX.
Further to its ASX release of 20 February 2023, Tombola Gold Ltd (ASX:TBA) wishes to provide the market with a further operational and commercial update.