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EML Emmerson Plc

2.06
-0.04 (-1.90%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Emmerson Plc LSE:EML London Ordinary Share IM00BDHDTX83 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.04 -1.90% 2.06 2.00 2.20 2.10 2.075 2.10 936,687 16:35:06
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 0 -2.99M -0.0026 -8.08 23.92M

Further advance to Ferrum Resources Limited (5212N)

02/09/2011 10:13am

UK Regulatory


Emmerson (LSE:EML)
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TIDMEML

RNS Number : 5212N

Emerging Metals Limited

02 September 2011

For Immediate Release: 2 September 2011

Emerging Metals Limited

("EML" or the "Company")

Further advance to Ferrum Resources Limited ("Ferrum")

Further to the announcement made on 24 August 2011, the Company is pleased to announce a further $400,000 loan advance to Ferrum, its 37.23 per cent associate company, to meet its immediate cash requirements to fund its on-going exploration programme in Sierra Leone. The Company continues to explore options to fund the balance of Ferrum's short term cash requirements and a further announcement in this regard will be made in due course.

The loan is secured against assets of Ferrum and is (unless agreed otherwise in writing by the parties) repayable together with interest (charged at a rate of 10 per cent. per annum) on 10 January 2012.

-Ends-

For further information

 
 Emerging Metals     Religare Capital    Evolution           GTH 
  Limited            Markets (UK)        Securities          Communications 
                     Limited             Limited 
 Denham Eke          Peter               Romil Patel         Toby Hall 
                     Trevelyan-Clark      Tim Redfern         Christian Pickel 
                     Emily Staples 
 +44 (0)1624         +44 (0)20 7444      +44 (0)20 7071      +44 (0) 20 3103 
 639396               0800                4300                3902 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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