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Pin to quick picksUru Metals Share News (URU)

Share Price Information for Uru Metals (URU)

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Share Price: 50.00
Bid: 40.00
Ask: 60.00
Change: 0.00 (0.00%)
Spread: 20.00 (50.00%)
Open: 50.00
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Low: 50.00
Prev. Close: 50.00
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IN BRIEF: URU extends convertible loan note terms with Boothbay

Thu, 01st Jun 2023 16:44

URU Metals Ltd - Toronto headquartered, mineral exploration and development company - Agrees to extend the repayment date and long-stop date for conversion of the convertible loan notes held by Boothbay Absolute Return Strategies LP to December 31 from May 31. The date by which Boothbay has the right to convert funds due under the loan note at GBP0.85 per share has also been extended to the maturity date and agrees that it will not convert sums due to Boothbay under the convertible loan note on or prior to August 30. As at May 31, the total amount advanced by Boothbay to URU is USD500,000. Details regarding the convertible loan note were announced on May 6.

Current stock price: 100 pence, down 33% in London on Thursday

12-month change: down 71%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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12 Mar 2018 12:06

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9 Jan 2017 15:27

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22 Nov 2016 14:48

URU Metals' shares slide as it raises £640,000

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URU Metals stock sees mysterious surge

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URU Metals Completes First Stage Of Närke Environmental Study

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