Showing posts with label Podcast. Show all posts
Showing posts with label Podcast. Show all posts

Tuesday, 14 November 2017

Aminex Partner Solo Oil & Gas RNS and PodCast Announce Convertable Loan Facility


Solo Oil Plc

US$5 million Convertible Loan Facility

RNS Number : 3809W

Solo Oil Plc

14 November 2017

SOLO OIL PLC

("Solo" or the "Company")

Solo Oil plc (SOLO: AIM) is pleased to announce that the Company has today entered into a Convertible Loan Agreement ("Agreement") with institutional investors arranged by RiverFort Global Capital Limited ("RiverFort Investors") for a total maximum commitment of US$5 million.  The Company has also drawn a first tranche of US$1.5 million ("First Tranche"), with subsequent drawings against the facility to be at the Company's sole election.