Business
Further Institutional Funding
Further Institutional Funding.
About this update from Nativo Resources Plc
[{"type":"text","content":"\n \nRNS Number : 4650G Echo Energy PLC 30 May 2017 \n\nEcho Energy plc\n(\"Echo Energy\" or the \"Company\")\nFurther Institutional Funding\nFurther to the institutional loan with Greenberry plc announced on 15th May, the Company is delighted to announce that the lender has purchased the further principal of €5,000,000 bringing the total debt facility to Euro 20,000,000. \nGreenberry plc is one of the Company's two cornerstone investors.\nThis positions the Company with circa £26M cash, once the various equity and debt transactions have completed.\n \nFor further information please contact:\n \n\n\n\n\nIndependent Resources / Echo Energy \nJames Parsons, Chairman\nGreg Coleman, Chief Executive Officer \n\n\n \n\[email protected]\[email protected]\n\n\n\n\nZAI Corporate Finance Limited - Nominated Adviser +44 (0) 20 7060 2220\nJohn Treacy \nBrandon Hill Capital Limited - Broker +44 (0) 20 3463 5000\nJonathan Evans / Oliver Stansfield\n \nThe information communicated in this announcement is inside information for the purposes of Article 7 of Market Abuse Regulation 596/2014 (\"MAR\").\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END STRLLFVFEFIAFID\n ","length":3139,"tagName":"div"}]