Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Keep an eye out, currently web site not loading ( for me anyway ) no secure connection to sever.
May just be glitch …. Or an updated website could appear soon
Website now live:
https://www.arcturisdata.com/
Looks good. Certainly some corporate structure there with the job titles and the personnel listed in the who’s who section. I think there is still a lot more to come. Still no accounts published for y/e Apr 22. They appear to be settling the conversion of the loan notes which if I read correctly from the resolutions proposed stands currently at just over £4 M. I stand to be corrected there if I am reading that wrong.
There are eventually only 2 ways to realise value here, either a sale or a re-list, probably in the U.S. Hopefully they will use the website to update on commercial developments when they can. From the info I can see at the moment no date has been set for shareholders to approve the two new resolutions, unless anyone else knows differently.
The total amount of loan notes issued is £30.5m. The company was authorised to convert a maximum of £26.35 loan notes at a GM in June 22. But since then, they issued more loan notes to the tune of just over £4m. The extra issued notes are the ones that need authorisation via the two resolutions.
The two new resolutions have to be approved by shareholders by cob 18 April 2023.
Let’s hope we are all going to have a happy ending here.
Cheers
BZ
Sorry that didn’t copy and psste
https://find-and-update.company-information.service.gov.uk/company/09427409/filing-history
https://www.elsevier.com/connect/why-is-pharma-buzzing-about-real-world-evidence