From the rns6 Oct 2016 09:27
The Company is also pleased to advise that it is in advanced discussions regarding the full repayment of all of the outstanding loan notes ("Loan Notes") held by Robust Resources Limited ("Robust"). In return for Robust relinquishing its Loan Notes in full, it is expected that the Company will agree to pay US$200,000 from existing cash resources to Robust and, simultaneously, sell to Robust the entire issued share capital of its 100% owned gold exploration subsidiary, Prospech Limited for a nominal value of �1 (the "Robust Settlement"). The repayment of the Loan Notes would leave the Company entirely debt-free and recapitalised via the Placing. It is expected that the Robust Settlement will be completed and announced imminently, which means another rns coming soon!!!!