19th Mar 2024 14:11
Bens Creek Group PLC - Owner and operator of coal mines across the US - Draws down USD7.5 million under the working capital facility in place with Avani Resources Pte Ltd. Avani is a Singapore-based commodities trader, Bens Creek's largest shareholder with a 30% stake. Avani have also advanced a further USD1.3 million to Bens Creek as part of the discretionary component of the facility. The facility was announced earlier in March.
Current stock price: 2.72 pence each, down 16% in London on Tuesday
12-month change: down 85%
By Sophie Rose, Alliance News senior reporter
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