Europa Metals Limited (GB:EUZ) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Europa Metals Ltd has successfully raised £115,000 through the issuance of convertible loan notes to sophisticated investors. These funds are earmarked for general working capital and due diligence on a proposed reverse takeover (RTO) of Viridian Metals. The notes offer an 8% annual coupon and can be converted into company shares at a discounted rate.
For further insights into GB:EUZ stock, check out TipRanks’ Stock Analysis page.