RNS Number : 1260Z
Tanfield Group PLC
04 March 2013
 



 For immediate release

4 March  2013

 

 

Tanfield Group plc

("Tanfield" or the "Company")

Interim bridge funding at Smith Electric Vehicles Corp.

The Board of Tanfield announces that its US associated company, Smith Electric Vehicles Corp. ("Smith"), in which it has a 24% interest, has filed a Form D with the U.S. Securities and Exchange Commission reporting its receipt of a total $6.5 m of  interim bridge funding. 

The further funding allows Smith to continue its exploration of financing options to deliver its strategy and execute the next phase of its business plan.

 

 

Information on Smith

 

Smith, a company headquartered in Kansas City, Missouri, USA, designs, produces, and sells zero emission commercial electric vehicles in the United States and Europe.   

 

Further information:

 

Tanfield Group Plc

Darren Kell / Charles Brooks

 

 0845 155 7755

WH Ireland

James Joyce/Nick Field-Corporate Finance

SebWykeham / RuariMcGirr - Corporate Broking

 

 020 7220 1666

Buchanan

Charles Ryland/ Sophie McNulty

 

 020 7466 5000

 

 

 


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