Core Insights - Orvana Minerals Corp. has secured a US$25 million prepayment facility and entered into offtake agreements with Trafigura for copper cathodes and doré bars from the Don Mario Operation in Bolivia [1][3][7] Financial and Operational Updates - The proceeds from the prepayment facility will fully fund the remaining capital needed for the Don Mario plant expansion, with 69% of the forecasted project CAPEX disbursed as of October 2025 [2] - Construction of the Don Mario plant is on track for completion by year-end 2025, with commissioning and start-up expected in early 2026 [2] - EMIPA has filed its unaudited financial statements for the period ended September 30, 2025, with Bolivia's financial regulator ASFI [5] Transaction Details - The prepayment facility has a 13-month term, including a 7-month interest-only period, and bears interest at SOFR + 8% per annum, with repayments in equal monthly installments over six months [7] - EMIPA has agreed to sell 100% of the life-of-mine production of copper cathodes and doré bars to Trafigura, with pricing based on the London Metal Exchange and the London Bullion Market Association [7] Company Overview - Orvana is a multi-mine gold-copper-silver company with operations in Spain, Bolivia, and Argentina [8]