Member Info for Fourprinces

Importantly, the funding for the convertible loan note by MetalNRG will not require it to issue new or additional shares; the funding is being met by existing cash resources and is therefore non-dilutive for existing shareholders.

Under the view of current revenues and reserves/production forecasts, the fair business value post-completion is expected to be significantly higher than the net purchase price also in consideration of the new working capital investment of £750,000, which taken all together represent a compelling growth opportunity for MetalNRG shareholders.

But non dilutive so value there

https://www.theguardian.com/world/live/2020/oct/06/coronavirus-live-news-french-icu-patients-highest-since-may-trump-to-participate-in-next-debate#block-5f7c882e8f0875963515a189

According to the Lusaka Times here - https://www.lusakatimes.com/2020/10/02/mufumbwe-youths-protest-against-illegal-mining-activities-by-shawi-fawazs-company/

It says that:

Meanwhile Moxico Resources has commenced Contempt of Court proceedings in Ndola against KPZ and others after the company abrogated a court ruling which reinstated Moxico as the rightful owners of Kalengwa Mine in Mufumbwe District of North Western Province.

Contempt charges have been filed against Shawaki Fawaz, Brenda Gama, Craig Meerholz, Colin Bird, Bezant Resources, Xtract Resources and Lunga resources on Thursday.

The Contempt charges are in relation to an ex parte order which was granted on 26th July 2019 to Moxico that restrained KPZ and its employees and agents from positioning mining equipment and people as well as undertaking any mining activities on Kalengwa Mine in Mufumbwe District. The recent occupation of the Kalengwa mine by KPZ with equipment, vehicles and people is in contempt of the ex parte order.

There's something from the Lusaka Times https://www.lusakatimes.com/2019/08/02/you-are-the-company-you-keep-a-tale-of-two-mining-companies/

And lest we forget mask news this week

Carl Smythe knows it works or he wouldn't have gone into a twitter frenzy

https://twitter.com/carlsmythe/status/1313066305902305280?s=20 "aiming for minutes".

if you look at carl's tweets it clearly works brilliantly

he's very, very excited on twitter... https://twitter.com/carlsmythe/status/1313042549548953602?s=20

Ok. So pretty sure it was just the warrants left?

So what, if anything, have EHGOS got left or can get their hands on? Seems simple enough. Either they’re out or they ain’t.

with whom Supply @Me has already entered into a prior agreement for the purchase at a fixed price. The target media company typically has a turnover of around € 100 million. The current average size for each inventory monetization transaction is around € 15 million.

At the same time, Supply @Me is working with two main Italian banking operators to develop inventory securitisations of bank client companies, where the originator banks themselves will also be investors in the notes ( self-funding approach). Those banks in turn referred 272 other potential new client companies to the platform. The actual acquisition of these new customers could already exceed the target of 310 companies expected at the end of the plan (2024) in the coming months.

Supply @Me is also working with a UK financial operator to organize a first inventory monetization program in the UK (up to 10 UK client companies) by the end of 2020. In parallel, fintech is therefore engaging with several potential UK business partners in order to take care of the origination of the first UK client companies, part of the pilot program. As per the company's business plan, further feasibility studies have been launched to evaluate the launch of the inventory monetization service in other geographical areas. In this context, Supply @Me is also analyzing opportunities in non-EU countries.

The company went public on the LSE last March, with a capitalization of 227.5 million pounds and a free float of 26% , following the reverse merger between the Italian scaleup fintech Supply @Me srl and Abal Group , a so-called cash -shell company, which until the beginning of February 2020 was listed on AIM in London and which was renamed Supply @Me Capital (see another article by BeBeez ).

Fintech is currently 72.95% controlled by TheAvantGarde Group spa , which in turn is headed by Alessandro Zamboni and other investors. Also members are a group of investors who in June 2019 had subscribed a 2 million euro capital increase in club deal , based on a 100% valuation of 25 million; Equita sim and Ceresio sim investors on behalf of their private clients, who have invested in club deals, and the Maltese asset manager Parrot Capital (Global Capital Plc) .

The fintech Supply @ Me Capital ready to close the first securitization of the total program of 970 million euros
supply @ meLondon Stock Exchange-listed fintech Supply @ Me Capital , active in the so-called inventory monetization sector , that is, the enhancement of the stock of industrial companies, is working on its first securitization (see the press release here ).

The operation had been anticipated to BeBeez by the founder of Supply @Me , Alessandro Zamboni, who had said: "The company has originated contracts with client companies for the disposal of stock for a total of over 900 million euros and these are contracts three-year, which offer investors of securitization notes a range of returns that are more competitive than existing financial products on the market in the field of working capital ". Zamboni then added: "In the meantime we are signing agreements with institutional investors" and "shortly, in April, we will bring our first issue to the market for a value of more than 250 million euros, which will be placed on the market by an important British operator with whom we have an agreement for a total of one billion euros of emissions distributed in four operations and we will grow with a target of 3.5 billion in 2023 ?.

The British operator in question is StormHarbour Securities LLP , to which the company entrusted the placement of the abs last April (see the press release here ) and which is currently negotiating with 16 institutional investors interested in joining the first tranche of the securitization, which concerns the inventory of 40 companies reported to Supply @Me by its commercial partners (fintech, banks, professional firms, etc.), in what is defined by the company as an open funding approach. In total to date already originate corporate clients and waiting for the inventory Monetization service stood at 97 (compared with 66 to 31 December 2019) and the securitization program will cover within 12 months, the entire portfolio of Supply @me , which at the end of 2019 boasted contracts for 970 million euros .

Through the Supply @Me platform , companies can create value from their inventories, optimizing their working capital and improving the efficiency of the supply chain. Inventories are released thanks to the use of smart contracts and the use of the blockchain by Sia , the group specialized in payment infrastructures controlled by Cdp Equity. Thanks to SiaChain, the platform is able to analyze and monitor prices and quantities of the various stocks. Supply @Me buys and securitises the inventories of client companies and places the securitization notes with institutional investors. Ownership of the inventories remains in the hands of the client company, which, when it sells the goods, reimburses the securitization vehicle with additional inventories. This round lasts for 3 years and only the last transaction will be refunded in cash, while any unsold items will be repurchased by a reseller with whom Suppl

Indeed

how are pyc involved?

Anyone know much about Enrico Camerinelli? Senior Analyst at Aite Group - https://www.aitegroup.com/ - and on the BoD i think? Also this http://ermi-research.org/network-partners/ http://escinst.org/enrico-camerinelli/

Looks like an expert in the field etc

How? If you'd bothered to read all the RNSs you would have seen this was going to happen. It's part of the, I accept painful, process. When it's done we're good to go.

this link doesn't go anywhere?