Bushveld Minerals Ltd – integrated primary vanadium producer – Says it has not yet received USD12.5 million in funds from Southern Point Resources under its USD18.4 million equity capital raising. Company says it has had to constrain production, suspend some operational activities and defer creditor payments. Further, it warns that it may have to consider suspending operations if further payment delays occur.
For more information, please visit: https://www.ferroalloynet.com/news/bushveld_minerals_warns_of_suspension_if_receives_no_funds.html