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Bushveld Minerals Ltd (LSE:BMN) | RNS | Bushveld Minerals Ld - Vametco Mineral Resources and Reserves update

Bushveld Minerals Ltd (LSE:BMN) | RNS | Bushveld Minerals Ld - Vametco Mineral Resources and Reserves update
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Investegate |Bushveld Minerals Ld Announcements | Bushveld Minerals Ld: Partial repayment of Duferco convertible loan note

Partial repayment of Duferco convertible loan note and Total Voting Rights Bushveld Minerals Limited (AIM: BMN), the AIM quoted, integrated primary vanadium producer and energy storage provider, with ownership of high-grade assets in South Africa, is pleased to announce the partial repayment of the US$23 million unsecured convertible loan note held by Duferco Participations Holding S.A. ( Duferco ). On 30 September 2020, the Company announced that Duferco, the pre vious owner of Vanchem, had agreed to accept the partial early repayment of US$11.5 million of their US$23 million convertible loan notes, originally issued in accordance with the terms of the acquisition of Bushveld Vanchem announced on 23 October 2019.

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