Lloyds Metals Board to Consider NCDs and USD Bond Issuance

Lloyds Metals and Energy Ltd has announced a Board of Directors meeting scheduled for October 14, 2026. The primary agenda items include considering and approving the private placement issuance of Non-Convertible Debentures (NCDs). Additionally, the Board will evaluate a proposal for raising funds through the issuance of U.S. dollar-denominated senior secured floating or fixed-rate bonds, and/or other permissible debt or securities. This move indicates the company's strategy to diversify its funding sources and potentially expand its financial operations.