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Brief: Electromagnetic Geoservices Requires Funding, Evaluates Options

Jan 2 (Reuters) - Electromagnetic Geoservices ASA EMGS.OL:

GOING CONCERN & CAPITAL STRUCTURE

EXPECTS TO REQUIRE ADDITIONAL FUNDING AND EVALUATES RESTRUCTURING

EVALUATES CONVERSION OF EMGS03 BONDS INTO EQUITY

FULL BOND CONVERSION WOULD RESULT IN SIGNIFICANT SHAREHOLDER DILUTION

Source text: ID:nGNE3Ks4t1

Further company coverage: EMGS.OL

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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