Metro Mining Limited announce the refinancing of its current debt facilities to enable the loan from the North Australian Infrastructure Facility ("NAIF") to be senior secured first ranking: Metro will make an early repayment of the existing Sprott Private Resource Lending ("Sprott") totaling USD 9.65 Million plus accrued interest. Metro will enter into new loan facilities totaling AUD 15.0 Million with Metro's existing lender Ingatatus AG ($7.5 Million) and Lambhill Pty Ltd. ($7.5 Million). This is part of finalising the funding package of the Stage 2 expansion at Bauxite Hills in conjunction with the offer of a Loan facility of AUD 47.5 Million from the North Australian Infrastructure Facility ("NAIF"). The key terms of the new facilities are: Maturity on 1 January 2022; Three equal repayments (of an aggregated $5.0 Million each) on 1 July 2021, 30 September 2021 and 1 January 2022; Senior secured, second ranking behind the NAIF debt facility.