29 September 2025
Calgary, Alberta - Burgundy Diamonds Mines Limtied (ASX:BDM) (Burgundy or the Company) provides an update on the Company's efforts to obtain external funding.
The Company has applied for funding from the Canada Enterprise Emergency Funding Corporation (CEEFC) under its Large Enterprise Tariff Loan Scheme. The Company has ben advised that it has been approved as eligible for such funding of up to CAD 150 million and is now undergoing a due diligence process with CEEFC. That process is expected to conclude in a matter of weeks.