03:11 AM EDT, 08/21/2026 (MT Newswires) -- Metals Exploration plc (MTL.L) said Friday it secured a $27 million equipment loan for its La India gold project in Nicaragua from a local bank. The gold producer made an initial drawdown of $20.2 million from the five-year facility, with the remaining to be drawn once additional equipment arrives. The company maintained its target of first gold production at the project in December.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.