IFC
IFC
IFC - IFCA Technologies Limited - Successful conclusion of $100m equity facility
and new cautionary announcement
IFCA TECHNOLOGIES LIMITED
Incorporated in the Republic of South Africa)
(Registration number 2006/030759/06)
Share code: IFC ISIN: ZAE000088555
("IFCA Tech" or "the company")
SUCCESSFUL CONCLUSION OF $100M EQUITY FACILITY AND NEW CAUTIONARY ANNOUNCEMENT
The Company has entered into negotiations in relation to several acquisitions
and has also negotiated an equity facility for US$100 million. Further details
of the potential acquisitions as well as full details of the term facility will
be announced next week after the newly constituted Board has met.
A more detailed announcement will be issued in due course.
Shareholders are accordingly advised to exercise caution when dealing in the
company`s securities until a full announcement has been made.
Johannesburg
21 January 2011
Designated Advisor
Arcay Moela Sponsors (Proprietary) Limited
Date: 21/01/2011 14:15:02 Produced by the JSE SENS Department.
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