(Boursier.com) — Auplata Mining Group informs that it has received on May 30, 2022, in accordance with the terms of the Investment Protocol, a notification from San Antonio Securities requesting the reimbursement in cash of its current account advance of an amount in principal plus interest of €28.4 million to which adds the payment of the last installment of the sale price of the shares of the OSEAD fund in the amount of 3.7 ME. This advance allowed Auplata to indirectly hold 37.04% of Compagnie Minière de Touissit (CMT). Auplata announces that it is examining the various alternatives at its disposal in order to allow, in accordance with the contractual deadline, a reimbursement of the sums due to San Antonio Securities no later than July 31, 2022.
Auplata also specifies that the share subscription warrants (“BSA”) issued to Rare Earth Global Investments under the equity financing line concluded with this investor were fully redeemed by Auplata for 1 euro, then cancelled, so that to date there is no longer any dilutive instrument under this line of financing. Following the amicable termination of said financing (read the press release of April 21, 2022), Rare Earth Global Investments informed Auplata that it no longer holds any AMG shares to date.
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