Aeon Metals Limited announced the extension of the OCP loan repayment by 12 months to 17th December 2024. The company announced that it has agreed with Aeon's major shareholder and lender, OL Master Limited (a fund managed by OCP Asia), to extend the maturity date on its existing loan facility (OCP Facility). Under this agreement, the OCP Facility maturity date has been extended to 17 December 2024.

In consideration for the maturity date extension, Aeon has agreed to an amendment fee equivalent to 2% of the total OCP Facility size payable at maturity date. All other terms of the OCP Facility remain unchanged.