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Loan Agreement

29 Sep 2022 07:02

RNS Number : 0805B
Pathfinder Minerals Plc
29 September 2022
 

29 September 2022

 

Pathfinder Minerals Plc

("Pathfinder" the "Company")

 

Loan Agreement

 

Pathfinder announces that an FCA authorised financial institution has arranged for the provision to the Company of an unsecured loan facility of up to ÂŁ120,000 (the "Loan") for working capital purposes.

 

The Loan carries a simple fixed interest of 5.0 percent on any amounts drawn down. The Loan is designed to provide the Company with access to additional working capital, should it be required, during the period of the Option Agreement (as announced earlier today) and is repayable in full (together with accrued interest) on 2 February 2023, unless extended by mutual agreement.

 

Enquiries:

 

Pathfinder Minerals Plc

Peter Taylor, Chief Executive Officer

Tel. +44 +44 (0)20 3143 6748

 

Strand Hanson Limited (Nominated & Financial Adviser and Broker)

James Spinney / Ritchie Balmer / Abigail Wellington

Tel. +44 (0)20 7409 3494

 

Vigo Consulting (Public Relations)

Ben Simons / Kate Kilgallen

Tel. +44 (0)20 7390 0234

Email pathfinderminerals@vigoconsulting.com

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
AGRSEFESAEESEDU
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Date   Source Headline
25th Jul 202410:36 amRNSResult of General Meeting
18th Jul 202410:12 amRNSUpdate on proposed acquisition of Rome Resources
8th Jul 20248:00 amRNSSchedule One - Pathfinder Minerals plc
8th Jul 20247:00 amRNSAcquisition and Publication of Admission Document
1st Jul 20247:00 amRNSUpdate on proposed acquisition of Rome Resources
28th Jun 20243:47 pmRNSResult of AGM and Issue of Warrants
27th Jun 20247:00 amRNSDirectorate Change
17th Jun 202412:52 pmRNSUpdate on proposed acquisition of Rome Resources
4th Jun 20245:37 pmRNSNotice of Annual General Meeting
3rd Jun 20247:00 amRNSGranting of interim court order & fundraise update
17th May 20247:00 amRNSUpdate in relation to £1.275 million subscription
13th May 20245:24 pmRNSUpdate in relation to £1.275 million subscription
9th May 20247:00 amRNSAppointment of Joint Broker
8th May 20247:01 amRNSEntry into Conditional Arrangement Agreement
8th May 20247:00 amRNSFinal Results
16th Apr 20247:00 amRNSUpdate on proposed acquisition of Rome Resources
4th Apr 20247:00 amRNSUpdate in relation to £1.275 million subscription
28th Mar 20246:05 pmRNSHolding(s) in Company
27th Feb 20247:00 amRNSUpdate on Rome Resources
29th Jan 202410:21 amRNSAmendment to the revised IM Minerals SPA
2nd Jan 202410:00 amRNSHolding(s) in Company
29th Dec 20231:00 pmRNSTotal Voting Rights
22nd Dec 20239:56 amRNSSubscription to raise £1.275 million and TVR
21st Dec 20235:05 pmRNSResult of General Meeting
4th Dec 20237:00 amRNSNotice of GM
29th Nov 20237:30 amRNSSuspension - Pathfinder Minerals PLC
29th Nov 20237:00 amRNSProposed Acquisition, Subscription & Suspension
3rd Nov 202312:56 pmRNSHolding in Company
26th Sep 20237:00 amRNSHalf-Year Results
1st Sep 20237:00 amRNSProposed Bonus Shares Timetable
18th Aug 20231:42 pmRNSResult of GM & Completion of Disposal
16th Aug 20237:00 amRNSBoard Changes & Proposed Issue of Bonus Shares
31st Jul 20237:00 amRNSNotice of GM
28th Jul 20234:14 pmRNSEntry into revised SPA for sale of IM Minerals
26th Jul 20237:00 amRNSChange of Nominated Adviser and Broker
4th Jul 20234:07 pmRNSHolding(s) in Company
23rd Jun 20237:00 amRNSResult of AGM and Board Changes
19th Jun 20235:04 pmRNSHolding(s) in Company
14th Jun 20234:27 pmRNSUpdate re Sale of IM Minerals
30th May 20233:14 pmRNSUpdate re Sale of IM Minerals
25th May 20237:01 amRNSNotice of AGM
25th May 20237:00 amRNSFinal Results
22nd May 20237:00 amRNSUpdate re Sale of IM Minerals
11th May 20235:00 pmRNSUpdate re Sale of IM Minerals: Result of Meeting
28th Apr 20237:25 amRNSAmendment to Share Option Terms
21st Apr 20237:00 amRNSRevised SPA, Posting of Circular and Notice of GM
12th Apr 20237:00 amRNSUpdate re Sale of IM Minerals
22nd Mar 20232:05 pmRNSSecond Price Monitoring Extn
22nd Mar 20232:00 pmRNSPrice Monitoring Extension
22nd Mar 20237:00 amRNSSPA Signed for Sale of IM Minerals
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