Group 6 Metals (ASX:G6M) appointed MA Moelis Australia for a strategic review to determine its optimal capital structure and consider mergers and acquisitions to reposition the business, according to a Monday filing with the Australian bourse.
The Australian resource explorer, developer, and producer secured support from its four senior lenders to increase the limits of its bridge facility by AU$4 million and extend the maturity dates of all near-term debt, the filing stated.
Abex, CJRE Maritime, Elphinstone Holdings, and Pure Asset Management hold the bridging loan, according to the filing.
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