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IN BRIEF: Corcel announces partial debt conversion and new funding

Wed, 23rd Feb 2022 21:43

Corcel PLC - London-based mining and mineral resource development company - Announced on Monday a partial debt conversion and a new combined debt and equity funding solution of up to GBP1.1 million. This comprised of a new GBP450,000 debt facility, a refinancing of GBP405,000 of existing debt and a GBP600,000 equity share agreement.

Current stock price: 1.18 pence

12-month change: up 6.8%

By Heather Rydings; heatherrydings@alliancenews.com

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