Providence Resources - Re: PVR Stream Log - The funding agreement is the...

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17:28 24/05/2016

The funding agreement is the one hundred million euro mentioned in the Sunday Business Post. I think the Lansdowne statement confirms that Providence are engaged in a funding deal for barryroe, but just in case it does not happen it is as well to have the share issue in place. I suppose that also shows that they feel that even if the funding deal does not happen in the next couple of weeks, that is is worthwhile staying involved in Barryroe, as the funding deal will be done at some stage. At least we know that there is going to be some news either way in the next couple of weeks.

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