European Nickel repays Endeavour loan



09 February 2010 @ 09:17 am BST

European Nickel has repaid a $5m loan provided by Endeavour Financial Corporation.

European Nickel said the repayment followed its placing to raise $19.4m.

The firm said it had applied for further 1,345,571 new ordinary shares to be admitted to trading on AIM and these will be issued to Endeavour in lieu of interest on the loan.

Story provided by Business Financial Newswire

© 2010 Stockmarketwire.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

*Name


Most Popular Markets

 
 
IBTimes © 2012 IBTimes Company. All Rights Reserved. Partners