Source - SMW
StratMin Global Resources has arranged a $1.5m non-recourse loan facility secured against its holding of 75m shares of Bass Metals Ltd.   Working with a corporate investor that is an existing stakeholder in Bass, the Company has agreed to assign security and voting rights over its entire Bass holding, to the lender, in return for a 12-month non-recourse loan facility. 

The loan will be repaid in some or all of the Bass Shares, with no cash amounts payable.

At 9:28am: (LON:STGR) StratMin Global Resources PLC share price was +0.25p at 1.75p

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StratMin Global Resources (STGR)

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