Issue of Convertible Note
September 28 2007 - 5:06AM
UK Regulatory
RNS Number:7091E
Investika Ltd
28 September 2007
INVESTIKA LTD
ISSUE OF CONVERTIBLE NOTE
28 September 2007
The Directors of Investika Ltd ("Investika" or the "Company") the investment
company in the mining finance industry with a focus on pre-production emerging
resource opportunities have resolved to issue a AUS $10 million unsecured
convertible Note with a term of four years and bearing interest at 9.5%. At the
conversion date, the Note must be converted into fully paid ordinary shares in
the Company at a price per share which will be the lower of AUS $5.50 or 80% of
the weighted average market price at the conversion date.
The issuance of the Note is subject to formal legal documentation and approval
at a general meeting of shareholders.
Full details will be provided in the notice of meeting.
Enquiries to:
Chrisilios Kyriakou, Chief Executive Officer
Investika Ltd
Telephone: 020 7514 1480
James Joyce
WH Ireland Limited
Telephone: 020 7220 1666
This information is provided by RNS
The company news service from the London Stock Exchange
END
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