Business
Interim Bridge Funding
Interim Bridge Funding.
About this update from Tanfield Group Plc
[{"type":"text","content":"\n \nRNS Number : 8486H Tanfield Group PLC 26 June 2013 \n \n\n\n\n\n\nFor immediate release\n\n\n26 June 2013\n \n\n\n\n\nTanfield Group plc\n(\"Tanfield\" or the \"Company\")\nFurther interim bridge funding at Smith Electric Vehicles Corp.\nThe Board of Tanfield announces that, Smith Electric Vehicles Corp. (\"Smith\"), a US company in which it has a 24% interest, has filed a Form D with the U.S. Securities and Exchange Commission reporting its receipt of $8.6m cash as part of its Series AA interim bridge funding. \nThe further funding allows Smith to continue its exploration of financing options to deliver its strategy and execute the next phase of its business plan.\nInformation on Smith\n \nSmith, a company headquartered in Kansas City, Missouri, USA, designs, produces, and sells zero emission commercial electric vehicles in the United States and Europe. \n \nFurther information:\n \n\n\n\n\nTanfield Group Plc\nDarren Kell / Charles Brooks\n \n\n\n 0845 155 7755\n\n\n\n\nWH Ireland \nJames Joyce/Nick Field-Corporate Finance\nSeb Wykeham / Ruari McGirr - Corporate Broking\n \n\n\n 020 7220 1666\n\n\n\n\nBuchanan \nCharles Ryland/ Helen Greenwood\nwww.buchanan.uk.com \n \n\n\n 020 7466 5000\n\n\n\n\n \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCFAMFTMBMTBJJ\n ","length":3673,"tagName":"div"}]