Brief: Fusion's claim against Apptix fully settled

Carasent ASA

03/08/2017 07:00

Aug 3 (Reuters) - APPTIX ASA  APPT.OL : 
    * CLAIM FROM FUSION FULLY SETTLED 
    * APPTIX ASA HAS REACHED A SETTLEMENT WITH FUSION WHEREBY 
ALL CLAIMS AGAINST APPTIX ARE WITHDRAWN EFFECTIVE IMMEDIATELY 
    * SETTLEMENT CONSISTS OF A CASH PAYMENT TO FUSION OF USD 
150,000 AND RETURN OF 300,000 SHARES OF FUSION STOCK 
    * AGGREGATE SETTLEMENT AMOUNT WILL BE APPROXIMATELY USD 
525,000 
 
Source text for Eikon:  ID:nObiJ2K2wa  
Further company coverage:  APPT.OL  
 
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