Industria
ORVANA ANNOUNCES US$25 MILLION PREPAYMENT AND OFFTAKE AGREEMENTS WITH TRAFIGURA
Proceeds from the Prepayment Facility will fully fund the remaining capital required to complete the Don Mario plant expansion. As of the end of October 2025 , 69% of the forecasted project CAPEX has been disbursed. Construction is on track for completion by year–end, with commissioning and start–up expected in early 2026. EMIPA is currently conducting on-site pilot testing to finalize recovery estimates; updated production and cost guidance will be provided once testing is complete.
Detailed information on the Don Mario oxides stockpile and related mineral reserves can be found in the Don Mario Operation NI 43–101 Technical Report dated March 28, 2022, available under Orvana's profile on SEDAR+.
In September 2023 , Autoridad de Supervisión del Sistema Financiero ("ASFI"), Bolivia's financial regulator, approved and registered EMIPA as an eligible bond issuer on the Bolivian stock market. As a registered bond issuer on the Bolivian stock market, EMIPA is required to file its quarterly financial statements with ASFI. EMIPA has filed its unaudited Financial Statements for the period ended September 30, 2025 with ASFI, which may be viewed at the following ASFI landing page (the "ASFI Page"):
https://www.asfi.gob.bo/index.php/registro-rmv/mv-entidades-inscritas-en-el-rmv.html
To search for EMIPA's financial statements, select the following at the ASFI Page:
Project updates for Bolivia and Argentina , and Q4 FY2025 consolidated operational and financial highlights will be released with the fourth quarter financials, expected early-December, 2025.
FY2026 guidance will be released with FY2025 year-end financials.
– Orvana is a multi-mine gold-copper-silver company. Orvana's assets consist of the producing Orovalle operation in northern Spain ; the Don Mario operation in Bolivia , currently in plant expansion; and the Taguas property located in Argentina . Additional information is available at Orvana's website (www.orvana.com).
For further information please contact: Nuria Menéndez, Chief Financial Officer, E: nmenendez@orvana.com
Logo - https://mma.prnewswire.com/media/2816168/Orvana_Minerals_Corp__ORVANA_ANNOUNCES_US_25_MILLION_PREPAYMENT.jpg
View original content:https://www.prnewswire.co.uk/news-releases/orvana-announces-us25-million-prepayment-and-offtake-agreements-with-trafigura-302607965.html