13th Jun 2014 09:08
LONDON (Alliance News) - PeerTV PLC said Friday it has received a further GBP40,000 from its share placing in May, taking its total received from the placing to GBP254,000.
The media technology company said it expects the outstanding GBP12,300 from the placing to be received by June 30.
PeerTV has said it will use the new funds for working capital to commence a new order from an unnamed Israel-based customer.
Shares in PeerTV are untraded Friday morning; they were last quoted at 1.00 pence.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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