Investec Bank has provided a ZAR350 million debt term loan facility

Investec Bank Limited has provided a ZAR350 million debt term loan facility to Keaton Mining Proprietary Limited for purposes of; (i) refinancing existing project finance facilities;(ii) financing the acquisition of Xceed Resources Limited, an Australian listed company involved in the development of coal projects in the Republic of South Africa; and (iii) general working capital.Fasken Martineau advised Investec Bank Limited with a team that included Ashen Jugoo, Jamie MacDonald, Fezile Nkosi, Matthew Burnell, Samantha Saffy, Tamsyn Zulch.