RE: funding will be a problem17 Feb 2022 11:36
Wed, 8th Dec 2021 07:00
RNS Number : 9063U
Amala Foods PLC
08 December 2021
Amala Foods Plc
("Amala" or the "Company")
Funding Update
Amala Foods Plc (LON: DISH), a food technology company, is pleased to announce that it has raised £210,000 by way of Placing 70,000,000 shares at 0.3p with Align Research Ltd and a further £100,000 of loan financing due in November 2022 which has a fixed interest rate of 8% due on the maturity date.