By HotStockRockets | Thursday 2 January 2020
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Columbus Energy (CERP) has announced “drawdown of an additional US$1.5 million under the convertible loan agreement… announced on 11 November 2019”. We noted then the agreement is for an up to $4.5 million facility, conditionally available for drawdown in three $1.5 million tranches and with the first tranche being drawn-down immediately...
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