Voluntary Announcement: Trustco Group Holdings Limited: Meya Mining Obtains USD 25 Million Facility From Ecobank
Shareholders are advised that Meya Mining Limited (“Meya”), in which Trustco holds an indirect equity interest, has announced that it secured a USD 25 million (NAD 400 million) financing facility, on normal commercial terms with no equity conversion / restrictive conditions which would render this a transaction as defined in the JSE Limited Listings Requirements, with Ecobank Sierra Leone Limited, supported by Ecobank Ghana Plc ( all inclusive “the Ecobank Loan”). The funding marks a significant milestone as Meya advances toward full commercial diamond production under its 25-year exclusive mining license in Sierra Leone’s Kono District. READ MORE
