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FINWIRES

Shuka Minerals Agrees to Convertible Loan Assignment

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Shuka Minerals (SKA.L) said Friday it agreed to the assignment of its outstanding 163,334.10-pounds-sterling convertible loan with Gathoni Muchai Investments.

The transaction will fully settle the Africa-focused miner's debt. The assignment covers 63,334.10 pounds for the investor and 100,000 pounds for Shuka's Chief Executive Officer Richard Lloyd, enabling them to convert the loan into up to 1,583,352 and 2.5 million new shares, respectively, at 0.004 pound per share.

Shuka noted that the investors intend to convert the loan shortly after completion of the assignment.

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SHA:600176
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Kasikornbank Issues $800 Million Bonds to Overseas Investors

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SET:KBANK
Treasury

Huadian New Energy Issues 1.50 Billion Yuan in Medium-Term Bonds

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HKG:0939SHA:600930SHA:601939