Trafalgar New Homes (GB:TRAF) has released an update.
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Trafalgar Property Group PLC, a residential and assisted living property developer, has secured a £250,000 loan from Ecap Esports Ltd to fund costs related to a potential reverse takeover, which is still under negotiation with no certainty of completion. The loan is interest-free and any unused funds will be returned if the deal does not finalize.
For further insights into GB:TRAF stock, check out TipRanks’ Stock Analysis page.