27th Apr 2015 08:13
LONDON (Alliance News) - Savannah Resources PLC on Monday said it has issued shares in lieu of consulting fees the company owes.
Savannah said it has issued 888,889 shares to the unnamed consultancy that provided the services at 2.25 pence per share, giving the issue a total value of GBP20,000.
Shares in Savannah were down 4.8% to 2.00 pence on Monday morning.
By Sam Unsted; [email protected]; @SamUAtAlliance
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