ConvertibleExpired
15% Convertible Notes due 2025
PALM-Draw23
1.02 GBP▲ 10.81%
BTC Holdings
0 BTC
Total Debt
£0.00
Outstanding
£0.00
Issue date
2023-11-20
Principal
£150.00K
Coupon
15.00%
Maturity
2025-04-04
Conversion price
—
- No fixed maturity; settled via 362,250 shares at 50p + 362,250 warrants at 75p exercise (Apr 2025)
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Unsecured
- Settlement
- Shares
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
- Use of proceeds
- Drilling at Glass Reef target, Manitou Lakes
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2025-04-04 | Conversion | £0.00 Settled via shares and warrants |
| 2023-11-20 | Issuance | £150.00K |
- 2025-04-04 — £0
- 2023-11-20 — £150,000