24th Jun 2009 11:07
Hardide plc ('Hardide' or 'the Company')
Bridging Finance Facility
Further to the announcement of 1 May 2009 the Board of Hardide (AIM: HDD), the provider of unique metal surface engineering technology, announces that it has entered into arrangements with two of its existing shareholders for the provision of a total of £50,000 bridging finance.
The bridging finance is an interim measure to provide some short term working capital to Hardide whilst it seeks to conclude a longer term fundraising and will be repaid on receipt of such funding.
For further information:
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Hardide plc |
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Graham Hine, Chief Executive Officer Jackie Robinson, Head of Communications |
Tel: +44 (0) 1869 353 830 |
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www.hardide.com |
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Seymour Pierce Limited |
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Nicola Marrin, Corporate Finance |
Tel: +44 (0) 20 7107 8000 |
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Related Shares:
Hardide