RE: News10 Dec 2020 10:20
Funding Update 12/11/20
The Company has noted speculation regarding a possible fundraising by the Company. The Company has as previously announced both settled its convertible loan note debts and completed the admission, following exercise, of all outstanding warrants save for a remainder of 10,000,000 warrants or 0.64% of its issued share capital following Admission of the Warrant Shares. The Company has thereby raised additional funds in excess of £900,000 via recent warrant exercises. As such the Directors do not foresee any current need to raise further funds.