Following the announcement in November 2019 of the agreement of a new convertible loan facility, Columbus Energy Resources (CERP LN) has announced that it has drawn down the second of three tranches of US$1.5m. With the company entering the final stages of drilling at Saffron this will enable to cover any unexpected final costs in the latter stages of drilling and/or move more quickly to monetise a successful result once the results are known.
18 Dec 2019
VSA Morning Flow Test
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VSA Morning Flow Test
Columbus Energy Resources (CERP:LON) | 0 0 0.0%
- Published:
18 Dec 2019 -
Author:
Oliver O’Donnell -
Pages:
3
Following the announcement in November 2019 of the agreement of a new convertible loan facility, Columbus Energy Resources (CERP LN) has announced that it has drawn down the second of three tranches of US$1.5m. With the company entering the final stages of drilling at Saffron this will enable to cover any unexpected final costs in the latter stages of drilling and/or move more quickly to monetise a successful result once the results are known.