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Loan to Signature Gold

5 Jul 2017 10:30

RNS Number : 1809K
Stratmin Global Resources PLC
05 July 2017
 

05 July 2017

 

 

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

 

StratMin Global Resources Plc

("StratMin" or the "Company")

 

Loan to Signature Gold

 

The Company has agreed to make a loan to Signature Gold Limited ("Signature") to facilitate its ongoing exploration activities and provide general working capital (the "Loan"). As detailed in the announcement of 2 February 2017 and subsequent updates, the boards of StratMin and Signature have agreed for StratMin to undertake a reverse takeover of Signature and that process is ongoing.

 

The terms of the Loan are:

 

· Amount - A$500,000

· Interest Rate - 3% fixed

· Maturity - 1 year, bullet repayment

· Security - None

 

Brett Boynton recused himself from the board discussion over the Loan as he is also a director of Signature.

 

For further information please visit www.stratminglobal.com or contact:

 

StratMin Global Resources Plc

Brett Boynton, CEO

+44 (0) 20 3691 6160

Allenby Capital Limited (Nominated Adviser & Broker)

John Depasquale / Nick Harriss / Richard Short

+44 (0) 20 3328 5656

VSA Capital Limited (Financial Adviser & Broker)

Andrew Raca

+44 (0) 20 3005 5000

Optiva Securities (Broker)

Christian Dennis

+44 (0) 20 3137 1903

Yellow Jersey PR

Felicity Winkles

Joe Burgess

+44 (0) 776 932 5254

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUVAKRBAABRRR
Date   Source Headline
2nd Aug 20179:30 amRNSUpdate on Reverse Takeover and Cancellation
5th Jul 201710:30 amRNSLoan to Signature Gold
5th Jul 20177:30 amRNSUpdate on Reverse Takeover
30th Jun 20179:45 amRNSPosting of Annual Report and Accounts
21st Jun 201712:30 pmRNSUpdate re Scheme of Arrangement and Option Payment
26th May 20179:00 amRNSFiling of Scheme of Arrangement & Director Change
2nd May 20177:00 amRNSFinal Results
21st Mar 20179:34 amRNSUpdate on Signature Gold & Bass Funds Received
7th Mar 20179:32 amRNSUpdate re Bass shareholding and proposed RTO
20th Feb 20177:30 amRNSDirectorate Change
2nd Feb 20177:37 amRNSSuspension - Stratmin Global Resources plc
2nd Feb 20177:37 amRNSProposed Acquisition & Suspension from Trading
22nd Dec 201610:20 amRNSReceipt of first payment by Bass Metals Ltd
15th Dec 20167:00 amRNSEarly settlement of outstanding payments from Bass
30th Nov 201611:06 amRNSReverse Takeover and Joint Venture Update
31st Oct 20165:00 pmRNSTotal Voting Rights
17th Oct 20161:00 pmRNSJoint Venture: Environmental Permit Received
5th Oct 20168:58 amRNSJV Funding Initiation and Vatomaina Project Update
3rd Oct 20167:05 amRNSIssue of Equity
30th Sep 20167:00 amRNSHalf-year Report
28th Sep 20167:00 amRNSUSD1.5m loan secured against Bass Metals holding
20th Sep 20167:03 amRNSAppointment of Financial Adviser
19th Sep 20167:00 amRNSDirectorate Changes and Change of Adviser
14th Sep 20168:45 amRNSBass Transaction Completion
2nd Sep 201612:05 pmRNSBass issues 75 Million Shares to StratMin
30th Aug 20169:25 amRNSBass Transaction Settlement
22nd Aug 201610:31 amRNSBass Transaction Update
19th Aug 201610:00 amRNSBass Transaction Update
29th Jul 20163:00 pmRNSResult of AGM and GM
7th Jul 20167:00 amRNSProposed disposal & Notice of GM
30th Jun 20167:01 amRNSNotice of AGM
30th Jun 20167:00 amRNSFinal Results
26th May 20167:00 amRNSBass Transaction Update
1st Apr 20167:00 amRNSProposed disposal of operating subsidiary
4th Mar 201612:21 pmRNS£300,000 private placement
17th Feb 20163:15 pmRNSOperational Update
16th Feb 201612:15 pmRNSBoard Changes
8th Feb 20167:00 amRNSRelated Party Loan Facility
6th Jan 201610:20 amRNSResult of General Meeting
4th Jan 20167:32 amRNSCompletion of £500,000 first tranche funding
24th Dec 201510:39 amRNSBass Metals Ltd Investment Update
18th Dec 20153:45 pmRNSPosting of Circular
7th Dec 20157:00 amRNSOperational Update
4th Dec 20158:03 amRNSBass Transaction Update
23rd Nov 20157:00 amRNSExploration Program Update
18th Nov 20157:01 amRNSBass transaction update
21st Oct 201512:01 pmRNSBass transaction update
9th Oct 201511:19 amRNSSuccessful First Month of 24 Hour Production
1st Oct 201510:54 amRNSBass Transaction Update - Replacement
30th Sep 20157:00 amRNSOption Restructuring & Grant of Warrants & Options

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