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Turbo Power Systems Inc. ("TPS" or the "Company"): Amended Loan Agreement |
September 05, 2011
LONDON, UNITED KINGDOM--(Marketwire - Sept. 5, 2011) - TPS, (TSX:TPS) (AIM:TPS) the innovative electrical machines and electronic systems provider, announces that its wholly owned UK subsidiary, Turbo Power Systems Limited, has today entered into an agreement to amend its existing loan agreement with TAO Sustainable Power Solutions (UK) Limited ("Tao") (the "Loan Agreement"), so as to extend its finance facility by a total £1,500,000, up to £7,800,000 to fund and facilitate the further growth of the business.
http://www.marketwire.com/mw/release.do?id=1557036&sourceType=3
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