Sandfire Resources America Announces Variation to Bridge Loan Agreement

Core Points - Sandfire Resources America Inc. has entered into a fourth variation agreement to its bridge loan agreement with its largest shareholder, Sandfire BC Holdings, and its subsidiary, Tintina Montana [1][2] - The borrowing capacity under the bridge loan has been increased from up to US$40 million to up to US$50 million, allowing for one or more advances [2] Financial Details - The Fourth Variation allows for an increase in the total borrowing amount to US$50 million, which is a US$10 million increase from the previous limit [2] - All other terms and conditions of the bridge loan remain unchanged except as amended by the Fourth Variation [2]