RE: So as I said last week1 Nov 2024 10:18
Blanchflower - par value 1p does not mean shares issued at 1p
The Company is pleased to report that it is now in advanced discussions with a strategic partner to provide significant new funding into the Company. Whilst there can be no certainty on the timing or terms of any such fundraising, nor can there be any certainty that a fundraising will be completed successfully, both Minoan and the proposed investor have agreed that should such a fundraising go-ahead, completion will not require a change to the Company's current 1p per Ordinary Share par value.