Nektan Looking To Raise Working Capital

For European and US joint venture expansion

B2B mobile content developer and platform provider Nektan said Monday it had received commitments from new and existing investors, including directors, to raise up to GBP 2.93 million which will be used to expand its European and US business interests.
Nektan plan on raising the funds through a combination of subscriptions to new convertible loan notes and new Ordinary Shares and Warrants which it says is "strongly supported by major existing investors and certain directors".
The proposal is conditional on the approval of shareholders at an extraordinary general meeting due to be held towards the end of March 2016.

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

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