Brief: Circa Group Says Co Requires About EUR 40 Mln In New Capital To Cover Remaining Capex & Opex Related To Resolutetm Plant In North-East France

Circa AS

15/02/2024 06:06

Feb 15 (Reuters) - Circa Group AS  CIRCA.OL :
    * CIRCA GROUP: REQUIRES ABOUT EUR 40 MILLION IN NEW CAPITAL
TO
COVER REMAINING CAPEX & OPEX RELATED TO RESOLUTETM PLANT IN
NORTH-EAST FRANCE
    * CIRCA: FINNVERA,  INDICATED THAT IT WILL PROVIDE A LOAN OF
EUR
20 MILLION, SUBJECT TO COMPANY PROVIDING A SATISFACTORY
THIRD-PARTY GUARANTEE
    * CIRCA: CONSIDERING WHETHER TO LAUNCH A PROCESS TO RAISE
REMAINING CAPITAL REQUIRED TO FULFIL CURRENT BUSINESS PLAN
THROUGH A SHARE ISSUE
    * COMPANY NEEDS TO OBTAIN ADDITIONAL CAPITAL DURING H1 2024

Source text for Eikon:  ID:nObinjBjHa 
Further company coverage:  CIRCA.OL 

 ((Reuters.Briefs@thomsonreuters.com;))