FUNDING UPDATE


GEOSENTRIC OYJ      STOCK EXCHANGE RELEASE July 6, 2012 at 15:35

 

 

FUNDING UPDATE

 

As previously reported on 28 June 2012 the Company had received the first tranche from the funding proposal in the amount of €116.67K but had experienced a delay in executing the final financing documents required to complete the funding transaction. 

 

The Company now reports that it has completed the funding process and the final documents have been executed. According to the agreement the Company will now receive two more tranches of cash during 2H2012, which, when received will be announced to the markets at that time.

 

 

GEOSENTRIC OYJ

 

Board of Directors

 

 

Distribution:

NASDAQ OMX Helsinki

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