12th Nov 2015 10:44
LONDON (Alliance News) - Stellar Diamonds PLC on Thursday said it has secured a USD150,000 bridging loan from Deutsche Balaton AG, a new investor in the company.
Stellar will use the funds from the loan to back the restart of trial mining work at the Baoulé project in the Republic of Guinea and for the submission of its Tongo licence application in Sierra Leone.
Shares in the company were untraded on Thursday, having last traded at 0.313 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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