FilingReader Intelligence

Black Sea Property secures €375,000 loan, plans NOK 10m rights offering

August 20, 2025 at 02:02 PM UTCBy FilingReader AI

Black Sea Property AS received €375,000 as the first tranche of a €2.0 million loan, with funds transferred to EPO Aheloy for Sunrise River Resort.

The company will propose a rights offering of up to NOK 10 million at NOK 0.05 per share to secure operations until November 2026 and repay a NOK 2.8 million shareholder loan.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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