Strategic Natural takes on tough new loan facility

South Africa-focused Strategic Natural Resources (SNR) said it had agreed a new 10 million pound loan facility to help it with short term costs.

South Africa-focused Strategic Natural Resources (SNR) said it had agreed a new 10 million pound loan facility to help it with short term costs.

The unsecured loan facility with Land Consultants (LCL), an Isle of Man investment fund, is for a term of up to 12 months and can be taken in amounts of at least £1m.

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