Anglo African Agriculture PLC - agriculture investment company - Says pandemic has halted site visits ahead of proposed reverse takeover of Comarco Group. Notes USD1.3 million port loan to Comarco due to be repaid in November. Should loan not be repaid, Anglo African has option to buy Touchwood Investments Ltd, a major asset in Comarco port, for a nominal sum. "In the meantime, the Comarco Port is seeing a pick-up in demand as anticipated, principally due to the commencement of operations for the Mozambique LNG project," Anglo African said.
Current stock price: 6.00 pence
Year-to-date change: down 18%
By Eric Cunha; ericcunha@alliancenews.com
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