Anglo African Agriculture Raises £3 Million

Anglo African Agriculture (GB:EVST) has released an update.

Anglo African Agriculture has secured £3.0 million through the issuance of 12 unsecured Convertible Loan Notes to Surich Real Estate Opportunity Fund SPC, aimed at bolstering the company’s working capital and funding potential acquisitions in the beverage sector across the UK and Europe. This financial maneuver is part of a larger scheme allowing the issuance of up to £50 million in loan notes, with Ziwei Peng’s SPC, already a significant shareholder, expressing willingness to provide additional funds if needed.

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