9 March 2026
Burgundy Diamond Mines Limited (ASX:BDM) (Burgundy or the Company) advises that its wholly owned subsidiary, Arctic Canadian Diamond Company Ltd. (Arctic) has secured an expansion of up to C$60 million to the previous C$115 million loan (Loan Facility) the Company received in December, through Canada’s Large Enterprise Tariff Loan (LETL) facility.
The LETL facility is managed by the Canada Enterprise Emergency Funding Corporation (CEEFC), a subsidiary of Canada Development Investment Corporation (CDEV), and provides financial support to large Canadian enterprises impacted by actual and potential tariffs and countermeasures.