Stratmin Global Resources PLC Loan to Signature Gold (1809K)

TIDMSTGR

RNS Number : 1809K

Stratmin Global Resources PLC

05 July 2017

05 July 2017

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

StratMin Global Resources Plc

("StratMin" or the "Company")

Loan to Signature Gold

The Company has agreed to make a loan to Signature Gold Limited ("Signature") to facilitate its ongoing exploration activities and provide general working capital (the "Loan"). As detailed in the announcement of 2 February 2017 and subsequent updates, the boards of StratMin and Signature have agreed for StratMin to undertake a reverse takeover of Signature and that process is ongoing.

The terms of the Loan are:

   --     Amount - A$500,000 
   --     Interest Rate - 3% fixed 
   --     Maturity - 1 year, bullet repayment 
   --     Security - None 

Brett Boynton recused himself from the board discussion over the Loan as he is also a director of Signature.

For further information please visit www.stratminglobal.com or contact:

 
 StratMin Global Resources Plc         +44 (0) 20 
  Brett Boynton, CEO                    3691 6160 
 Allenby Capital Limited (Nominated 
  Adviser & Broker) 
  John Depasquale / Nick Harriss       +44 (0) 20 
  / Richard Short                       3328 5656 
 VSA Capital Limited (Financial 
  Adviser & Broker)                    +44 (0) 20 
  Andrew Raca                           3005 5000 
 Optiva Securities (Broker)            +44 (0) 20 
  Christian Dennis                      3137 1903 
 Yellow Jersey PR 
  Felicity Winkles                     +44 (0) 776 
  Joe Burgess                           932 5254 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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July 05, 2017 05:30 ET (09:30 GMT)