Blackstone Resources: 3rd tranche of the 20 million convertible placed

The company, which is active in battery metals, has found a buyer with two investors. The term of the debt security is three years.

Blackstone Resources has placed a third tranche of CHF 2 million of its January 20 million convertible loan with two investors. An additional tranche can be placed at any time by the company, she said Tuesday evening.

On January 5, the company particularly active in metals for batteries, had indicated that it had obtained a maximum of 20 million francs thanks to the issue of a convertible loan at zero rate. The term of the debt security is three years.

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