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IN BRIEF: Rambler Metals & Mining coverts part of loan notes in shares

6th Sep 2021 14:53

Rambler Metals & Mining PLC - copper and gold producer, explorer and developer - Issues a total of 1.2 million shares at a price of 18.88 pence each in respect of a conversion notice received on Friday last week by Riverfort Global Opportunities PCC Ltd and YA II PN Ltd. Riverfort and YAII have now converted a total of USD1.0 million of convertible loan notes. Following this conversion, a total of USD2.0 million principal of the convertible loan notes remain unconverted, the company notes.

Current stock price: 21.35 pence

Year-to-date change: down 40%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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