07 April 2020
Tambla raises $1.525 million via Convertible Note Subscription
Australian intelligent workforce solutions company Tambla Limited (ASX: TBL) (‘Tambla’ or ‘the Company’) is pleased to advise that it has secured funds totalling $1.525m via the issue of Convertible Notes.
The Company announced on 25 March 2020 that it was seeking to raise between $1.6 million to $2.0 million through this convertible note, with Kestrel Capital and number of shareholders indicating that they will subscribe for the minimum amount sought. As previously disclosed, Kestrel Capital is a related entity to Tambla directors, Niall Cairns and Phillip Carter.