Jubilee Metals Group PLC - London-based metals processing company - Settles all historical debt. Receives notice from ACAM LP to convert $7.8 million of notes into new shares. Debt converted to 209.4 million shares, roughly a 7.9% stake in Jubilee, at conversion price of 2.81 pence per share. The deal ‘eliminates Zambian and South African historical debt completely’, company says.

Current stock price in London: 16.45 pence, up 5.5%

12-month change: up 3.8%

Current stock price in Johannesburg: R 3.30, up 1.9%

12-month change: down 2.9%

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