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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 |
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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