5th Feb 2019 15:58
LONDON (Alliance News) - RiverFort Global Opportunities PLC said Tuesday it has continued to be "active" in deploying its investment capital.
The company said it has recently invested GBP1.2 million in the secured non-convertible financing facility arranged by Jubilee Metals Group PLC.
Riverfort Global Opportunities said it also participated in a loan facility for AIM-listed Angus Energy PLC and an unnamed named Australian Securities Exchange-listed mining company.
This takes the total capital invested in RiverFort-arranged opportunities to about GBP5 million.
The firm also noted that a "significant part" of its net asset value comes from income generating RiverFort-arranged investments.
"We continue to be active in deploying new capital in attractive income generating opportunities. We expect the demand for our investment funds to increase given the uncertain markets that we are in today," said Non-Executive Chair Phillip Haydn-Slater.
Shares in Riverfort Global Opportunities were down 1.6% Tuesday at 0.095 pence each.
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