Brief: Cybergun: Restarted Investment Extends Financial Guarantee Until December 2020

Calibre SA

03/01/2020 07:58

Jan 3 (Reuters) - Cybergun SA  ALCYB.PA :
    * IN THE CONTEXT OF THE SAFEGUARD PLAN PROJECT ACCELERATED
FINANCIAL (SFA), RESTARTED INVESTMENT,  EXTENDED ITS FINANCIAL
GUARANTEE TO MAKE FACING A POSSIBLE LIQUIDITY RISK FROM MARCH
31, 2020 UNTIL DECEMBER 31, 2020
    * THIS WILL HELP TO IMPROVE FINANCIAL VISIBILITY AND
COMPLEMENT
FUNDS RAISED VIA EQUITY FINANCING LINE (OCABSA)
    * GROUP ALSO PLACED A BOND IN ESCROW AS PART OF RESPONSE TO
LARGE
MILITARY PROJECT EXPECTED TO BE COMPLETED IN EARLY 2020

Source text: https://bit.ly/2ZQHC11
Further company coverage:  ALCYB.PA 

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