BRIEF-GENENEWS SIGNS BINDING COMMITMENT LETTER WITH MILOST GLOBAL FOR $10 MLN FINANCING

June 29th, 2017 | 15:05 PM bonds 277

Genenews Ltd

* GENENEWS SIGNS BINDING COMMITMENT LETTER WITH MILOST GLOBAL FOR US$10 MILLION FINANCING

* GENENEWS LTD SAYS INITIAL US$3 MILLION CONVERTIBLE NOTE PLACEMENT TO COMMENCE IMMEDIATELY

* PROCEEDS RAISED FROM MESA WILL BE USED FOR WORKING CAPITAL AND CORPORATE GROWTH PURPOSES Source text for Eikon: Further company coverage:

ENERGY	-0.18%
BASIC MATERIALS	-0.05%
INDUSTRIALS	+0.06%
CYCLICAL CONSUMER GOODS	+0.15%
NON-CYCLICAL CONSUMER GOODS	+0.26%
FINANCIALS	-0.22%
HEALTHCARE	-0.07%
TECHNOLOGY	-0.17%
TELECOMMUNICATIONS SERVICES	-0.11%
UTILITIES	-0.06%

Financetime

BRIEF-GENENEWS SIGNS BINDING COMMITMENT LETTER WITH MILOST GLOBAL FOR $10 MLN FINANCING

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