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SAN ANTONIO, TEXAS--(Marketwire - July 11, 2012) - TransAct Energy Corp. (PINKSHEETS:TEGY), an innovator in sustainable energy production, is reporting a memorandum of understanding that will provide the company with a twenty-five million dollar financing. Rod Bartlett, President, stated, "The company signed the MOU with Alfra Developers of San Antonio, TX, over 90 days ago but is announcing it today because it is now considered material, as the terms for the funding have been tabled." |
