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Synchronica agrees C$1.5m loan

By BFN News | 08:31 AM | Monday 07 February, 2011


Mobile messaging company Synchronica plc has agreed a C$1.5m loan to fund integration of its Neustar NGM Services acquisition and for working capital. The loan, with a syndicate led by Global Capital, matures at the end of the calendar year and carries interest at 12%. Story provided by StockMarketWire.com

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