Alkane Secures A$150 Million in New Bank Facilities to Boost Liquidity

Overview

• Alkane executed an A$110 million revolving credit facility and a A$40 million contingent instrument facility with ANZ, Commonwealth Bank, Macquarie and Westpac.
• The revolving line can fund general corporate needs, while the contingent facility replaces cash-backed performance guarantees to return up to A$40 million to the business.
• The package runs for three years with two one-year extension options, carries standard leverage, interest cover and liquidity tests, and is secured over Australian assets.
• The agreement does not require mandatory gold hedging, which lets Alkane keep full exposure to spot prices.
• Alkane reported A$232 million in cash and bullion at December 2025, says that balance grew this quarter, and plans a March-quarter production update in the coming weeks ahead of its April activities report.