Europa Metals Limited (GB:EUZ) has released an update.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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.