Prisko needs prelisting costs to list in order to access their funding on the DB.
Stage
Concept Only
Industry
Not Set
Location
Zambesi Drive, Pretoria, GP, South Africa
Currency
ZAR
Company Summary
Prisko’s advisors will prepare a pre listing commitment that Prisko can use to leverage against in order to raise the funds i.e. bridging loan. The pre listing commitment is a legally binding document which says that the advisors will give the listing costs as soon as it list.
Prisko Petroleum can use that document to go to other lenders, such as yourself and get a short term loan as there is certainty on when the lender will get repaid