Bushveld Minerals - Issuance of convertible bonds
BMN
Mon, 25 Sep 2017, 12:10pm BST
Bushveld Minerals Limited is the AIM-quoted, integrated primary vanadium producer and energy storage solutions provider with ownership of high-grade assets in South Africa.
Industry: Basic Resources
Contact: +27 (0)11 268 6555
Hirzel Street
https://www.bushveldminerals.com/
Fortune Mojapelo, CEO, provides an update on the issue of up to £8.0 million of unsecured convertible bonds to UK based fund, Atlas Capital Markets Limited. The Convertible Bonds provide the required capital to enable the Company to continue to deliver on its strategy to build the world's largest, lowest cost and most vertically integrated vanadium platform whilst also creating a standalone African focussed tin champion.