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Pensana provides update on Loan Facility extension talks with FSDEA

Pensana plc

Pensana plc (LON:PRE) has announced that, further to the Angolan Sovereign Wealth Fund (FSDEA) advancing a US$15 million loan facility to the Company in August 2023 to enable the funding of capital expenditure, working capital and operating expenditure at the Longonjo project, the Company has reported that discussions have been held regarding the extension of the loan facility to coincide with the anticipated finalisation of the main financing.

Pensana will make an announcement as soon as these arrangements are finalised.

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