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AeroMechanical Services Ltd.: Receipt of SADI Funding Increases AeroMechanical Services' Cash Balance |
October 05, 2011
CALGARY, ALBERTA--(Marketwire - Oct. 5, 2011) - AeroMechanical Services Ltd. (TSX VENTURE:AMA) (the "Company" or "AMA") today announced it has received the first funding claim from the Strategic Aerospace and Defence Initiative ("SADI") repayable investment for the first quarter of 2011 for $223,033. As well, the funding claim for the second quarter has been processed and is expected shortly. The first two funding claims will total approximately $500,000.
http://www.marketwire.com/mw/release.do?id=1569220&sourceType=3
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