MicroEmissive Displays (MED) has secured a loan facility worth £3.5 million from Noble Venture Finance for an equity stake which could amount to 5.3% of the firm's shares.
With this in place, as well as the placing last year, we have the wherewithal to get into volume manufacturing, says Graeme Walker, MED's chief financial officer.
Posted: Apr 19,2007 by Ron Mertens