operating capital : Definition, Usages, News and More
Search Words
operating capital
n capital available for the operations of a firm (e.g. manufacturing or transportation) as distinct from financial transactions and long-term improvements
The American Energy Group, Ltd. Announces Sale of Common Shares WESTPORT, CT--(Marketwired - Jul 2, 2013) - The American Energy Group, Ltd. ( OTCQB : AEGG ) announced today that it has sold 1,190,000 Common Shares to three (3) private investors for a cash consideration of $0.15 per share or a total consideration of $178,500 to the Company. The proceeds of the sale will be used for general and administrative operating capital and legal expenses.
July 2, 2013 - Marketwire
Kabe Exploration Announces Loan Agreement with Phoenix Group Capital Markets SAN DIEGO--(BUSINESS WIRE)--Kabe Exploration, Inc. (OTCBB: KABX) is pleased to announce that it has secured a bridge loan with Phoenix Group Capital Markets, a UK holding company, through its wholly owned micro-cap investment fund. The bridge loan was secured with restricted stock for operating capital purposes. The company had previously entered into a $5,000,000 Reserve Equity Financing ...
July 1, 2013 - Business Wire