Stratmin Global Resources PLC Loan to Signature Gold (1809K)
05 Juli 2017 - 11:30AM
UK Regulatory
TIDMSTGR
RNS Number : 1809K
Stratmin Global Resources PLC
05 July 2017
05 July 2017
Dissemination of a Regulatory Announcement that contains inside
information according to REGULATION (EU) No 596/2014 (MAR).
StratMin Global Resources Plc
("StratMin" or the "Company")
Loan to Signature Gold
The Company has agreed to make a loan to Signature Gold Limited
("Signature") to facilitate its ongoing exploration activities and
provide general working capital (the "Loan"). As detailed in the
announcement of 2 February 2017 and subsequent updates, the boards
of StratMin and Signature have agreed for StratMin to undertake a
reverse takeover of Signature and that process is ongoing.
The terms of the Loan are:
-- Amount - A$500,000
-- Interest Rate - 3% fixed
-- Maturity - 1 year, bullet repayment
-- Security - None
Brett Boynton recused himself from the board discussion over the
Loan as he is also a director of Signature.
For further information please visit www.stratminglobal.com or
contact:
StratMin Global Resources Plc +44 (0) 20
Brett Boynton, CEO 3691 6160
Allenby Capital Limited (Nominated
Adviser & Broker)
John Depasquale / Nick Harriss +44 (0) 20
/ Richard Short 3328 5656
VSA Capital Limited (Financial
Adviser & Broker) +44 (0) 20
Andrew Raca 3005 5000
Optiva Securities (Broker) +44 (0) 20
Christian Dennis 3137 1903
Yellow Jersey PR
Felicity Winkles +44 (0) 776
Joe Burgess 932 5254
This information is provided by RNS
The company news service from the London Stock Exchange
END
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