Silver

Commodity

XAGUSD

Delayed 10:04:58 2024-05-23 EDT			5-day change	1st Jan Change
30.58 ^USD	-1.03%		+3.20%	+29.01%

04:19pm	SSR Mining Closes Sale of San Luis Project in Peru to Highlander Silver	MT
05:34am	KGL Resources Updates Mineral Resource of Reward Deposit; Shares Fall 8%	MT

Silver Bullet raises GBP500,000 via convertible loan offer

June 01, 2023 at 01:08 pm

Silver Bullet Data Services Group PLC - provider of digital transformation services and products - Raises GBP500,000 via the issue of convertible loan notes to provide additional working capital to support the significant growth in sales of 4D and its services offering. Points out that, particularly in the current macroeconomic climate, a number of clients often demand lengthy payment terms. Believes the additional capital will enable the company to continue its strong growth and path to profitability and cash flow positivity. Notes the convertible loan notes have a term of three years and attract interest at a rate of 12% per annum.

Current stock price: 33.60 pence

12-month change: down 67%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	SILVER BULLET DATA SERVICES GROUP PLC	84.2 GBX	+2.06%	+8.65%	18.35M
	SILVER	30.54 USD	-1.18%	+2.94%	-

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