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Andrada Mining Converts £577,845.28 of Debt Into Equity

PUBT·10/21/2026 07:30:34
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Andrada Mining Converts £577,845.28 of Debt Into Equity
  • Andrada Mining will convert five BPM Investments convertible loan notes totaling £577,845.28, comprising £500,000 principal and £77,845.28 capitalized interest.
  • Conversion will issue 11,556,905 ordinary shares at 5 pence each, with AIM trading expected on October 26, 2026.
  • BPM’s holding will rise to 80,983,651 ordinary shares, increasing its stake to approximately 3.66% from 3.16%.
  • Outstanding principal under the loan notes will total £7.2 million following conversion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Andrada Mining Ltd. published the original content used to generate this news brief on October 21, 2026, and is solely responsible for the information contained therein.