To: sense who wrote (5059 ) 9/13/2024 5:11:16 AM From: sense Respond to Jervois lives on... at least, until October/December In addition, to support Jervois’ continuing work with its debt and equity capital providers, and third parties, on potential transactions to strengthen its balance sheet, the Lender has agreed to provide an additional US$7.5 million delayed draw term loan (“Term Loan”) for general corporate and working capital purposes. Additional and complementary amendments to the JFO Facility include an increase in available drawdown headroom to Jervois, continuation of waivers to the financial covenants and collection accounts required balances in the JFO Facility until the later of 15 October 2024, or as extended at the Lender’s discretion, or such other date contemplated by a transaction support agreement in relation to a proposed recapitalisation , in circumstances where the Company and Lender enter into such an agreement (the “Outside Date”).
