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Troubled Eatonfield raises £100,000

9th March 2010

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CASH-strapped property group Eatonfield has raised £100,000 in a share sale to an un-named investor.

In a brief statement the AIM-listed Cheshire firm said it had issued 10 million shares at 1p each to the investor, which may still back the business further.

The Tarporley company has already received £250,000 and is in talks with the same party for a furrther £1m.

Last month Eatonfield said its bank funding had been withdrawn, forcing it to seek an emergency loan to continue in business.......for the full story register now for free or login below...


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