Copper and gold miner EMED Mining (LON:EMED) has issued 1.35 million shares to Resource Capital Fund IV and RMB Australia Holdings as payment of interest fees in relation to the convertible note agreement they have with the company.
In addition to that, YA Global Investments has exercised the right to purchase one million shares in EMED at 5 pence under an agreement with EMED signed in December 2007. Shares in the company last traded at 10.1 pence.