Anglo African Agriculture (GB:EVST) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Anglo African Agriculture has successfully raised £3.0 million through the issuance of 12 new convertible loan notes (CLNs) to Surich Real Estate Opportunity Fund SPC. This funding is aimed at supporting the company’s working capital and further acquisitions in the beverage sector across the UK and Europe. The CLNs are part of a larger scheme allowing for up to £50 million in notes, with a 3-year term, and are convertible into ordinary shares under specific terms.
For further insights into GB:EVST stock, check out TipRanks’ Stock Analysis page.