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Interactive Gaming agrees funding of 400,000 stg for working capital needs
LONDON (Thomson Financial) - Interactive Gaming Holdings PLC said it has agreed to an interim funding facility of 400,000 stg provided by General Capital Venture Finance Ltd (GCVF) for its working capital needs.
The online sports betting and gaming company said the interim funding, along with 450,000 stg of the 750,000 stg already loaned to the company by GCVF, is expected be converted in due course into two convertible debt facilities.
The company also said it is seeking to appoint several new directors to develop its business going forward. |
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