Aim-listed Edenville Energy has now repaid, in cash, the full outstanding amount of $373 625 owing to Lind Partners under a 2018 funding agreement.
This follows the company's recent £2.48-million capital raise.
"It is pleasing that Edenville has now cleared its legacy debt position using the company's cash resources following the recent placing. We look forward to announcing further updates as Edenville progresses,” says Edenville chairperson and CEO Dr Jeff Malaihollo.
Edenville operates the Rukwa coal project in south-west Tanzania.