Euro Sun Mining Enters into Facility and Offtake Agreements; Changes Address

Core Points - Euro Sun Mining Inc. has entered into a pre-development facility agreement with Trafigura Pte Ltd for a facility of up to US$2.5 million to support general corporate purposes while negotiating a larger US$200 million copper concentrates prepayment facility [1][2] - The CEO of Euro Sun expressed that this financing is a critical step in strengthening the company's financial foundation and advancing its strategic growth plans, particularly for the Rovina Valley copper-gold project [2] - The company has fully drawn down the US$2.5 million facility, with repayment due by June 30, 2027, and interest payable quarterly based on a market rate [3] - An offtake agreement has been established with the lender, allowing for offtake volumes of up to 100% of commercial production for nine years, ensuring continued rights to offtake volumes even after repayment of the facility [4] - The transactions related to the facility and offtake agreements are arm's length transactions as per Toronto Stock Exchange policies [5] - Euro Sun Mining has relocated its registered and head office to Vaughan, Ontario, aligning with its current leadership and operational focus [6] - Euro Sun is focused on the exploration and development of the Rovina Valley Project in Romania, which is the second largest copper and gold deposit in Europe and is expected to contribute to investment and job creation in the region [7]