1st May 2015 07:38
LONDON (Alliance News) - African Potash Ltd on Friday said it has now repaid all outstanding convertible securities held by Bergen Opportunity Fund LP and has terminated its financing arrangements with Bergen.
In April, African Potash said it had raised GBP1.2 million via a share placing to repay the Bergen facility.
Shares in African Potash were up 8.0% to 0.54 pence on the news.
By Sam Unsted; [email protected]; @SamUAtAlliance
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