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PCG Entertainment looks to new opportunity in near future

As it focuses on two possible opportunities, the company intends to conclude a deal soon
cash
It ended the period with US$912,845 of cash

PCG Entertainment Plc (LON:PCGE) told investors that it intends to conclude a transaction for a new investment opportunity in the near future.

The company, in its half-year results statement, revealed that it ended September with US$912,845 of cash.

READ: PCG Entertainment's Richard Poulden discusses significance of deferred shares purchase

It reported a US$1.29mln operational loss for the six month period.

PCG noted that it is to hold its AGM on Thursday, January 3.

In the statement, PCG highlighted that earlier this month it acquired deferred shares in the company under the powers granted at last year’s AGM.

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