** Shares of Australia's Kingsgate Consolidated KCN.AX rise as much as 2.2% to A$5.65, their highest level since October 2012

** Gold-silver explorer secures $25 million standby loan facility from Nebari Natural Resources Credit Fund II and other Nebari-affiliated entities

** Says $10 million from new facility and cash proceeds of nearly $21 million to be used to refinance its current $31 million loan facility

** Says new facility to reduce firm's total borrowings by 68% from A$47 million ($31.52 million) to A$15 million

** KCN heading for fifth consecutive weekly gain, up 2.2%

** Stock has risen more than four-fold in value so far this year

($1 = 1.4912 Australian dollars)

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))