Viridas, the natural resource investment firm, has decided the time is right to cash in on its investment in fellow investor in natural resources, Leed Petroleum.
The company made just short of £2.9m after selling 592.7m Leed shares at 0.48p per share. Following this sale, Viridas will continue to hold 166.7m warrants to subscribe for new ordinary shares at a subscription price of 0.15p per share.
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