Trafalgar New Homes (GB:TRAF) has released an update.
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Trafalgar Property Group PLC, an AIM-listed residential and assisted living developer, has secured a £250,000 loan from Ecap Esports to cover potential costs related to a proposed reverse takeover, with a return of any unused funds should the deal not proceed. The loan is interest-free, and the completion of the acquisition remains uncertain as it is still under negotiation with several pre-conditions yet to be met.
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