16th Sep 2015 11:18
LONDON (Alliance News) - Starvest PLC on Wednesday said it has secured a GBP100,000 loan from its former chairman which will support its investment plans.
Bruce Rowan will provide the company with a GBP100,000 loan under the agreement. Rowan left the company on September 1 due to health reasons and was replaced by Callum Baxter.
"The board extend their sincere thanks to Rowan for his service to the company and continued support. The loan provides additional confidence in the company's ability to continue its active investment strategies," said Baxter.
Starvest shares were untraded on Wednesday, having last traded at 2.70 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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