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Primorus Investments pours $2.5m into Mustang Energy

StockMarketWire.com

Primorus Investments said it had poured $2.5 million into special purpose acquisition company Mustang Energy.

The company said it had purchased 50 convertible loan notes of a nominal value of $50,000 each.

The note issue formed part of a wider transaction pursuant to which Mustang Energy had raised $8 million.

The notes attracted interest at a rate of 10% per annum.

At 9:20am: (LON:PRIM) Primorus Investments Plc share price was 0p at 3.25p


Story provided by StockMarketWire.com