ItN Nanovation AG obtains short-term finance to improve its provision of liquid funds

(PresseBox) (Saarbrücken, ) ItN Nanovation AG (ISIN DE000A0JL461) has obtained further loan finance in the amount of EUR 2.0 million from one of its major shareholders which has been secured by appropriate assets. This has improved the company's provision of liquid funds for its operating activities. The term of the loan expires at the end of 2014 and it has been granted at market conditions. The company's Management Board considers the short-term finance to be a necessary bridging measure until liquidity can be generated by incoming orders in the area of water filtration in particular from Saudi Arabia.


ItN Nanovation AG
Untertürkheimer Straße 25
D-66117 Saarbrücken
Social Media