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Home : TrueContext Mobile Solutions Corporation Announces Second Closing of Credit Facility with BDC
Apr 24
2013

TrueContext Mobile Solutions Corporation Announces Second Closing of Credit Facility with BDC

OTTAWA, ONTARIO--(Marketwired - April 24, 2013) - TrueContext Mobile Solutions Corporation (TSX VENTURE:TMN) ("TrueContext" or the "Company"), a mobile data solutions company, today announced the completion of the third and final disbursement, in the amount of $250,000, from the previously announced $1 million five-year secured term credit facility with BDC Capital Inc., a wholly-owned subsidiary of Business Development Bank of Canada. The credit facility provided for the disbursement of funds in stages, subject to the Company achieving specific milestones.
Source:http://www.marketwire.com/mw/release.do?id=1782504&sourceType=3
 
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