Tanzania-focused gold explorer Shanta Gold is on course to get its New Luika project commissioned in the first quarter of next year after securing a bridging loan from a company affiliated to one of its directors.
Shanta Gold has secured a $5m loan facility with Export Trading Group, a company in which Ketan Patel, a director of Shanta Gold, has a beneficial interest. The loan facility was made available on 20 December 2011 and is repayable within six months of a draw down.
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How to earn over 4% on your cash… using a stocks and shares ISASavers worried about a potential cut to the cash ISA limit could shield their money from the taxman using a money market fund in a stocks and shares ISA. We explain how
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