• Nagambie Resources secures $1 million increase in loan facility from PPT Nominees
• Additional funding to support new antimony-gold resource drilling program and working capital
• Facility terms include 10% interest rate, minimum $100k drawdowns, and security over company assets

Nagambie Resources Limited (ASX: NAG) has announced that it, along with its wholly-owned subsidiaries Nagambie Developments Pty Ltd and Nagambie Landfill Pty Ltd, have entered into an increased loan facility agreement with PPT Nominees Pty Ltd (PPT). The facility has been increased from $2 million to $3 million, providing an additional $1 million in flexible working capital. The additional funding will contribute to the new antimony-gold resource drilling program at the Nagambie Mine and add to the company's working capital as required. The key terms of the increased facility include: a $3 million principal, a $30,000 facility fee, an availability period until 13 September 2025, minimum drawdowns of $100,000 and maximum drawdowns of $500,000 per month, a 10% per annum interest rate on the outstanding amount, and security over the company's and its subsidiaries' assets and undertakings. The company has also obtained a waiver from ASX Listing Rule 10.1 to allow the granting of security to PPT, a related party and substantial shareholder, without the need for shareholder approval.