About the Company The Company boasts an increase in production at its flagship mine of 44% during the previous quarter, coupled with the recent acquisition of one of Tasmania's most prolific mines which has added in excess of $1.2billion in JORC Compliant gold reserves. The Company is seeking to raise a further £10million through its convertible loan note with investors benefiting from 12% per-annum interest rate, paid bi-annually. Security is paramount, all loan note holders are secured against the entirety of the Company assets and rank ahead of all existing shareholders. |
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