MIra7 Dec 2018 15:22
I mentioned them this morning and now they've issued results
Well it would appear that they are now fully financed
The Board successfully agreed with Kaptungs, our major shareholder, the issue of 770 million new shares at 1p per share for an aggregate equity injection of £7.7 million, comprised of the capitalisation of two loans of £1.7 million and £3.0 million each, plus an additional subscription of £3.0 million in cash. The funds for the new subscription were received before the reporting period end, and this transaction was approved by shareholders on 5 October 2018.