Brief: GeoOp Ltd says it has five institutional investors on its register

Geo

26/03/2017 21:32

March 27 (Reuters) - Geoop Ltd  GEO.NZ  
    * Shareholdings associated with company's former CEO and 
former director and one of company's co-founders have been 
acquired by institutional investors 
    * Geo now has five institutional investors on its register 
    * It has modified terms of its placement agreement with 
Kestrel Capital for remaining AUS$1.2m to be paid under that 
placement 
    * In process of taking soundings from Australian 
institutional investors to determine interest in participating 
in IPO on Australian securities exchange 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nNZW70XvHF 
Further company coverage:  GEO.NZ  
 
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