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NuRAN Wireless Inc

12:37 PM EST - NuRAN Wireless Inc : Announced an agreement in principle for a senior secured credit facility with a development finance institution that provides up to US$15,000,000 in total funding. The purpose of the Loan Facility is to finance a portion of NuRAN's planned US$30,000,000 of expenditures linked to the installation of network infrastructure roll-out promoted by NuRAN in Cameroon and Democratic Republic of the Congo. Proceeds will be used for Project expenditures relating to the installation of network infrastructure by NuRAN and roll out of up to 120 rural sites in Cameroon and 850 sites in DRC. NuRAN Wireless Inc shares C.NUR are trading up $0.18 at $1.48.