Sandfire Resources America Announces Variation to Bridge Loan Agreement
17 E Main Street PO Box 431
White Sulphur Springs, MT 59645
Tel: (406) 547-3466
Fax: (406) 547-3719
Web: www.sandfireamerica.com
Email: [email protected]
Sandfire Resources America Announces
Variation to Bridge Loan Agreement
White Sulphur Springs, Montana– November 21, 2024 – Sandfire Resources America
Inc. ("Sandfire America" or the "Company") announces that it has entered into a fourth
variation agreement (the " Fourth Variation ") to its bridge loan agreement, as amended
(the “Bridge Loan”) with Sandfire BC Holdings (Australia) Pty Ltd. (" Sandfire BC"), the
Company's largest shareholder, and Tintina Montana Inc., a wholly-owned subsidiary of the
Company ("Tintina Montana").
Pursuant to the Fourth Variation, the amount available to be borrowed under the Fourth
Variation and Bridge Loan will be increased from an aggregate of up to US$40 million to
an aggregate of up to US$50 million through one or more advances, subject to the terms of
the Fourth Variation and the Bridge Loan.
All other terms and conditions of the Bridge Loan shall remain in full force and effect, except
as amended by the Fourth Variation. No securities of the Company are issuable under the
Agreement.
Contact Information:
Sandfire Resources America Inc.
Nancy Schlepp, VP of Communications
Mobile: 406-224-8180
Office: 406-547-3466
Email: [email protected]
Cautionary Note Regarding Forward-Looking Statements: Certain disclosures in this document constitute
"forward looking information" within the meaning of Canadian securities legislation, including statements
regarding the Agreement, the Company's financing options and expected outcomes. In making these
forward-looking statements, the Company has applied certain factors and assumptions that the Company
believes are reasonable, including that the Company will receive required regulatory approvals, and that the
Company will be able to secure additional funding to execute its plans, However, the forward-looking
statements in this document are subject to numerous risks, uncertainties and other factors, including delays
in obtaining or inability to obtain required government or other regulatory approvals or financing. There
can be no assurance that such statements will prove to be accurate, and actual results and future events could
differ materially from those anticipated in such statements. Readers are cautioned not to place undue
reliance on forward-looking statements. The Company does not intend, and expressly disclaims any
intention or obligation to, update or revise any forward- looking statements whether as a result of new
information, future events or otherwise, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.