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HomeBankingXped: Completes 250k placement

Xped: Completes 250k placement

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Xped: Completes 250k placement

  • Tech company Xped (XPE) has raised $250,000 in a placement to Teko International
  • The company issued 250 million shares to Teko at a price of 0.1 cents per share. Then the Funds raised will used as general working capital
  • On completion of the placement, Con Unerkov and Loui Kotsopoulos appointed as directors of the company
  • Peter Hunt and Christopher Wood also will resign from the Board
  • Con is an Australian also based businessman and the Executive Chairman and CEO of Integrated Media Technology
  • Xped remains steady on the market this morning, trading at 0.2 cents per share

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