The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
"The Financing has been secured with the European High Growth Opportunities Securitization Fund (the "Investor"). Under the terms of the financing agreement ("Financing Agreement") the Investor has agreed to provide finance to the Company over a six month period, with six monthly tranches (a "Tranche") for the following amounts: (i) on entering into the Financing Agreement, a net amount of £225,000 is to be made available to the Company, such amount being after having deducted a commitment fee of £75,000 and also other fees and costs; (ii) on the first business day falling one month after the date of entering into the Financing Agreement, a net amount of £275,000 is to be made available to the Company; (iii) on the first business day falling two months after the date of entering into the Financing Agreement, a net amount of £250,000 is to be made available to the Company; (iv) on the first business day falling three months after the date of entering into the Financing Agreement, a net amount of £175,000 is to be made available to the Company; (v) on the first business day falling four months after the date of entering into the Financing Agreement, a net amount of £175,000 is to be made available to the Company; and (vi) on the first business day falling five months after the date of entering into the Financing Agreement a net amount of £175,000 is to be made available to the Company."
Followed by the warrants, after share holder approval.
R_du_R
"Angela and Reso. Clearly neither of you can f*king read. "
R_du_R, clearly it's you who cannot... or fail to understand. Iconic labs (your money if you're a shareholder) has paid off DS's £33,000 debt owed to the liquidator.
confetti
noun [ U ] uk ? /k?n'fet.i/ us ? /k?n'fet?.i/
Small pieces of coloured paper that you throw at a celebration, especially over two people who have just been married
Sometimes referred to as share certificates by those duly shafted, especially around the 0.05p mark.
It's a poo flush:-
https://www.youtube.com/watch?v=V0vBE3U0r1g
zibi,, 'AST' always followed the rules of the game. CC and CH were part of the plan... now played out. Enter 'JB', trilogy part two.
They wouldn't listen then... will they now? I doubt it!
https://www.youtube.com/watch?v=oxHnRfhDmrk
… a gift 'SL'?
Rumour has it, EHGO are now forward selling the shares that haven't even been agreed in the prospectus due in the next 3-6 months.
Apparently, it's from the same source who said they were after £1.5m cash before the latest death spiral fund raise was announced.
My advise, be careful!
"Looking forward, Ascent and Concession holder Geoenergo are currently working on documentation for the extension of the Petišovci Concession beyond 2022."
You guys have now got it from the horses mouth. I warned the concession was not on auto-extension 2+ yrs ago. 'TPT' especially, who like CH tried to dismiss it as some triviality.
Fri, 16th Aug 2019 14:51
RNS Number : 3844J
Iconic Labs PLC
16 August 2019
Iconic Labs Plc ("Iconic Labs" or the "Company")
Q&A Document
Take your pick:-
" Accordingly, it has compiled the following Q&A and will be doing a further Q&A in due course."
or
" It will provide a further Q&A release next week which will principally address operational matters."