FUNDING UPDATE, FULL AMOUNT OF SECURED LOAN RECEIVED


GEOSENTRIC OYJ      STOCK EXCHANGE RELEASE November 8, 2012 at 13:45

 

 

FUNDING UPDATE, FULL AMOUNT OF SECURED LOAN RECEIVED

 

As previously reported on 31 October 2012, the Company was in receipt of €47.7K towards the payment of the third tranche of the secured loan and that the remainder of the third tranche had been further delayed from the originally agreed schedule.  

 

The Company now reports that it has received the full amount (350,000 EUR) of the secured loan. This final funding amount will provide the Company with cash for operations into Q1 2013.

 

 

 

GEOSENTRIC OYJ

 

Board of Directors

 

 

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NASDAQ OMX Helsinki

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