GEOSENTRIC OYJ STOCK EXCHANGE RELEASE July 2, 2012 at 3:50 pm
FUNDING UPDATE
As previously reported on 5 June 2012 the Annual General Meeting decided to confirm the €350,000 funding proposal (“Proposal”) from the independent advisory business as proposed.
The Company now reports that it has received the first tranche from the funding proposal in the amount of €116.67K according to the Proposal. However, the Company has experienced a delay in executing the final financing documents required to complete the funding transaction. The Company is in dialogue with the independent advisory business to complete the process, which is expected shortly. The Company will report to the market when the final documents have been executed.
GEOSENTRIC OYJ
Board of Directors
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