5th Jul 2017 10:30
05 July 2017
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).
StratMin Global Resources Plc
("StratMin" or the "Company")
Loan to Signature Gold
The Company has agreed to make a loan to Signature Gold Limited ("Signature") to facilitate its ongoing exploration activities and provide general working capital (the "Loan"). As detailed in the announcement of 2 February 2017 and subsequent updates, the boards of StratMin and Signature have agreed for StratMin to undertake a reverse takeover of Signature and that process is ongoing.
The terms of the Loan are:
· Amount - A$500,000
· Interest Rate - 3% fixed
· Maturity - 1 year, bullet repayment
· Security - None
Brett Boynton recused himself from the board discussion over the Loan as he is also a director of Signature.
For further information please visit www.stratminglobal.com or contact:
StratMin Global Resources Plc Brett Boynton, CEO | +44 (0) 20 3691 6160 |
Allenby Capital Limited (Nominated Adviser & Broker) John Depasquale / Nick Harriss / Richard Short | +44 (0) 20 3328 5656 |
VSA Capital Limited (Financial Adviser & Broker) Andrew Raca | +44 (0) 20 3005 5000 |
Optiva Securities (Broker) Christian Dennis | +44 (0) 20 3137 1903 |
Yellow Jersey PR Felicity Winkles Joe Burgess | +44 (0) 776 932 5254
|
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Stratmin Global Resources