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Admiralty still afloat as debt refinanced

TROUBLED iron ore miner Admiralty Resources has refinanced its debt load after a difficult 12 mon...

Kate Haycock
Admiralty still afloat as debt refinanced

The company said it had retired its existing $US12 million ($A18.31 million) loan in favour of a new debt repayment structure with YA Global Investments. Under the deal Admiralty will pay $US4 million...

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