We are excited to share the news that our application for funds through the Government’s Levelling Up Program has been approved. This is a significant milestone in our business plan and brings us closer to our goal of reopening The Black Lion as a Community Pub and Hub. We sincerely appreciate your ongoing support. Thank you once again for standing by us.
What happens now?
At the moment, our solicitors are still in the process of working with Admiral Taverns. While we would certainly love for things to move along more quickly, as a committee we are acutely aware that it is your money, not ours, that is being invested in this project. Therefore we believe it is absolutely essential to ensure that everything is in order before any money changes hands.
Can I still buy shares?
Absolutely! You can still purchase shares in The Black Lion Pub and Hub. We understand that the uncertainty surrounding our Community Ownership Fund application may have deterred some potential investors. However, this recent development represents a major milestone and offers reassurance. It signifies that the Government has carefully evaluated our share prospectus and business plan, expressing confidence by committing a substantial amount of funding towards supporting our community project.