16th Mar 2015 08:23
LONDON (Alliance News) - Caza Oil & Gas Inc on Monday said it has received the initial USD4 million tranche of its convertible unsecured loan with YA Global Master SPV Ltd and Global Market Neutral Strategies SICAV PLC.
Caza has issued 4.8 million shares to the pair at 0.0568 pence per share to cover the implementation fee it must pay in connection with the first tranche.
Caza shares were up 1.4% to 5.45 pence on Monday morning.
By Sam Unsted; [email protected]; @SamUAtAlliance
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