Common Contracts
1 similar Convertible Loan Note contracts
CONVERTIBLE LOAN NOTEConvertible Loan Note • March 31st, 2023
As announced by Barryroe Offshore Energy ("Barryroe" or the "Company) on 23 November 2022 and updated on 19 January 2023 a Funding Agreement of up to €40 million in the form of a Redeemable Convertible Secured Loan Note ("CLN") was executed by the Company with Vevan Unlimited ('Vevan'). The purpose of the CLN funding is to meet Barryroe's direct financial requirements for the work programme proposed in the Barryroe Field Lease Undertaking Application.
