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Activex Limited (ASX:AIV)

ALERT: Price-sensitive ASX Announcement for AIV
Current share price for AIV : $0.018 -0.001 (-5.26%)+
Announcement
Release
10 Mar 2026 9:51AM
Price at Release
$0.019
Full Release
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Summary
ActivEX Limited announced the full repayment of its loan to Star Diamond Developments Limited by transferring 100% equity of its subsidiary, East Coast Gold and Copper Pty Ltd, which holds the ESK Copper and Gold Project. This repayment, amounting to $2.3 million including accrued interest, allows the company to eliminate its loan debt and enhance its financial stability.
Key Points
  • ActivEX Limited fully repaid its outstanding loan to Star Diamond Developments Limited.
  • The repayment involved a transfer of 100% equity in East Coast Gold and Copper Pty Ltd.
  • The loan amount repaid was $2.3 million, including accrued interest, under a $5 million unsecured loan facility.
  • East Coast Gold and Copper Pty Ltd holds interests in the ESK Copper and Gold Project.
  • The ESK Project consists of four tenements with high-priority targets but no recent significant exploration.
  • The repayment results in the discharge and termination of the loan facility.
  • ActivEX Limited becomes completely loan debt-free, strengthening its financial position.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.