Source - SMW
Craven House Capital has acquired a parcel of residential development land in the growing residential and tourist area of Cafayate, in the Salta province of northern Argentina.

The 7,060 square metre plot has been acquired for $365,000‎. The entire consideration will be paid from the proceeds of a simultaneous share subscription by the seller of the plot for 29,200 new Ordinary Shares in the Company priced at $12.50, amounting to an aggregate subscription of $365,000.