KAB kaboko mining limited

pending more share issue at the discretion of the board via...

  1. 1,858 Posts.

    pending more share issue at the discretion of the board via interim funding to celtic captial as time delays and conditions for noble deal are still being met!

    "The facility which has a term of eight months and convertible (at the Company’s election) after two months
    (maturity) into ordinary shares at either 80% of the average of ten daily volume-weighted average price prior to the
    maturity date"

    sweet deal for some and potentially a comany breaker if noble does not proceed.

    The market is factoring this risk in with no buying nor volume

 
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Currently unlisted public company.

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