Kennedy Ventures Gets GBP150,000 Loan From Westleigh

Wed, 27th Apr 2016 10:13

LONDON (Alliance News) - Resources sector investment company Kennedy Ventures PLC on Wednesday said it has secured a GBP150,000 loan facility from Westleigh Investments.

Westleigh is owned by Giles Clarke and Nick Harrison, both of whom sit on the board of Kennedy, meaning the loan is categorised as a related party transaction under AIM rules.

The loan will be used for working capital purposes.

Kennedy Ventures shares were up 1.9% to 6.88 pence.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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