- Lifezone Metals Limited's subsidiary, Kabanga Nickel Limited, has closed a **$60 million secured bridge loan facility agreement** with Taurus Mining Finance Fund No. 2, L.P..  **[1958217_0001213900-25-082897_ea0255451-6k_lifezone.htm:0]** **[1958217_0001213900-25-082897_ea025545101ex99-1_lifezone.htm:0]** 
- An **initial drawdown of $20 million** has been made, with the funds intended to support the advancement of the **Kabanga Nickel Project** in north-west Tanzania.  **[1958217_0001213900-25-082897_ea0255451-6k_lifezone.htm:0]** **[1958217_0001213900-25-082897_ea025545101ex99-1_lifezone.htm:0]** 
- The funds will be used for critical early works and infrastructure development, and to accelerate the project finance process for the Kabanga Nickel Project, following the release of favorable feasibility study economics on July 18, 2025.  **[1958217_0001213900-25-082897_ea0255451-6k_lifezone.htm:0]** **[1958217_0001213900-25-082897_ea025545101ex99-1_lifezone.htm:0]** 
- This first drawdown concludes the short-term financing process, and Lifezone Metals is engaged in advanced discussions for potential long-term partnerships and equity investments related to the Kabanga Nickel Project.  **[1958217_0001213900-25-082897_ea025545101ex99-1_lifezone.htm:0]**

Lifezone Metals (LZM)