ConvertibleExpired
17% Convertible Notes due 2024
PALM-Aug24
1.02 GBP▲ 10.81%
BTC Holdings
0 BTC
Total Debt
£0.00
Outstanding
£0.00
Issue date
2023-08-31
Principal
£150.00K
Coupon
17.00%
Maturity
2024-08-31
Conversion price
£1.03
ITM Status
ITM (0.0%)
- Originally announced as £200K facility; only £150K drawn, remainder cancelled Dec 2023
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Unsecured
- Settlement
- Shares
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
- Use of proceeds
- Exploration funding and working capital
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2024-11-25 | Conversion | £0.00 Fully converted at £1.025/share |
| 2023-08-31 | Issuance | £150.00K |
- 2024-11-25 — £0
- 2023-08-31 — £150,000