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IN BRIEF: Eqtec agrees to extend convertible loan maturity date

ALN

Eqtec PLC - London-based provider of syngas technology and engineering services for clean conversion of waste into sustainable energy and biofuels - Announces that it has agreed with its lenders to extend the maturity date of its convertible loan and has drawn down an additional £75,000 under the convertible loan facility announced in October. Says discussions are ongoing with its existing lenders and its significant shareholder, Rebel Ion Ltd, regarding its current debt position and potential future funding solutions.

Current stock price: 0.070 pence, closed flat in London on Tuesday

12-month change: down 85%

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