Tartana Minerals (ASX:TAT) repaid a AU$500,000 cash advance given to the company by director Jihad Malaeb as trustee for Ayoub Malaeb, according to a Friday Australian bourse filing.
The loan was paid using funds from the company's recently completed AU$1.6 million debt financing facility, which was led by directors Stephen Bartrop and Alistair Lewis.
The company confirmed that the cash advance has now been extinguished in full, and no further obligations remain outstanding under its terms.
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