RE:RE:RE:RE:RE:The JuniorsYour welcome sw248
It is really a tough environment out there to raise capital right now for juniors.
It took a bit of digging, but I wanted to confirm my recollection of the KfW - Ipex Debt Financing was accurate. There is very little public info regarding that conditional committment letter expiration available unless you dig through financials.
As of this writing, the binding conditional commitment letter from KfW-Ipex Bank and Socit Gnrale has formally expired. https://gensourcepotash.ca/wp-content/uploads/2022/11/FS-Q3-2022.pdf “As of this writing, Helm has confirmed that it has withdrawn its proposed 33% ownership offer in KClean.” January 19, 2023 “The proposed 33% equity ownership offer by Helm AG and Helm Fertilizers (collectively, "Helm") in KClean resulted in an unappealing risk-return ratio for new investors, since the investment for all parties only occurs at financial close of the full project financing.”