By Devika Patel
Knoxville, Tenn., Nov. 20 - Global Resource Corp. said it arranged a $10 million line of credit with AGS Capital Group.
AGS Capital has committed to purchase up to $10 million of the company's common shares over three years.
Global Resource is a petrochemical technology company based in West Berlin, N.J.
| Issuer: | Global Resource Corp.
|
| Issue: | Equity line of credit
|
| Amount: | $10 million
|
| Tenor: | Three years
|
| Warrants: | No
|
| Investor: | AGS Capital Group
|
| Pricing date: | Nov. 20
|
| Stock symbol: | Pink Sheets: GBRC
|
| Stock price: | $0.88 at close Nov. 19
|
| Market capitalization: | $58.5 million
|
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