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IN BRIEF: Rambler Metals & Mining financing negotiations ongoing
Rambler Metals & Mining PLC - Canada-focused copper and gold producer, explorer and developer - Says third party "working diligently" with West Face Capital Inc and Newgen Resource Lending Inc to reach an inter-creditor agreement. Previously working on financing package from Newgen.
Company believes the third party to close the financing "as soon as possible" and will make further announcement in due course.
Proceeds of this financing will be used to continue funding mine development.
Current stock price: 19.33 pence, down 8.5% on Friday
Year-to-date change: down 46%
By Paul McGowan; paulmcgowan@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Latest RMM News
- Rambler Metals says no choice but to turn to voluntary liquidation
21 Apr 2023 - TRADING UPDATES: BATM reports Edgility progress, Rambler starts sale
17 Apr 2023 - TRADING UPDATES: S-Ventures files for insolvency of Lizza subsidiary
11 Apr 2023 - TRADING UPDATES: Centamin targets reduction in greenhouse gases
30 Mar 2023 - IN BRIEF: Rambler Metals and Mining starts proceedings under CCAA
28 Feb 2023 - TRADING UPDATES: i-nexus to deliver growth; Craven House loss narrows
27 Feb 2023 - Rambler Metals & Financing says financial position "uncertain"
20 Feb 2023 - Rambler defaults on gold repurchase agreement with Sandstorm
20 Feb 2023
Related News
Rambler Metals says no choice but to turn to voluntary liquidation
(Alliance News) - Rambler Metals & Mining PLC on Friday said it has "no means to continue to operate" as funds have dried up.
TRADING UPDATES: BATM reports Edgility progress, Rambler starts sale
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
TRADING UPDATES: S-Ventures files for insolvency of Lizza subsidiary
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
RMM.L News
Rambler Metals says no choice but to turn to voluntary liquidation
(Alliance News) - Rambler Metals & Mining PLC on Friday said it has "no means to continue to operate" as funds have dried up.
TRADING UPDATES: BATM reports Edgility progress, Rambler starts sale
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
TRADING UPDATES: S-Ventures files for insolvency of Lizza subsidiary
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
TRADING UPDATES: Centamin targets reduction in greenhouse gases
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
IN BRIEF: Rambler Metals and Mining starts proceedings under CCAA
Rambler Metals and Mining PLC - AIM-listed owner of Ming copper-gold mine in Baie Verte, Newfoundland and Labrador - Obtains initial order from the S...
TRADING UPDATES: i-nexus to deliver growth; Craven House loss narrows
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Rambler Metals & Financing says financial position "uncertain"
(Alliance News) - Rambler Metals & Mining PLC on Monday said its financial position was uncertain as it faced the possibility of default payments in r...
Rambler defaults on gold repurchase agreement with Sandstorm
(Sharecast News) - Copper and gold producer Rambler Metals and Mining announced a default on its gold streaming repurchase agreement with Sandstorm Go...
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