Deal Snapshot
GETECH GROUP CLOSES SALE OF DATA AND PRODUCTS
Friday 19 May 2017

UK-based natural resources-related products and services provider Getech Group plc (AIM: GTC) has sold a suite of geology, gravity and magnetic data and products, the group said.
Under a licence agreement signed with an undisclosed global resource company, Getech has sold its Earth Systems Modelling product, Depth to Basement data, a package of Gravity and Magnetic data and a resubscription to Globe. This sale will generate gross income of USD 900,000, the majority of which will be recognised within the financial year ending 31st July 2017.


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Details
Date Published: 19/05/2017
Target: Suite of geology, gravity and magnetic data and products
Country: USA
Deal Size: 900,000 (USD)
Sector: Metals/Mining
Type: Divestment
Financing: Cash
Status: Closed
Vendor: Getech Group
Buyer:
Comment:


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