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7 months ago
BRIEF-Reffind to further reduce FY17 cash burn
December 21, 2016 / 11:55 PM / 7 months ago

BRIEF-Reffind to further reduce FY17 cash burn

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Dec 22 (Reuters) - Reffind Ltd :

* Plans to further reduce its FY17 cash burn to fund next phase of growth for company

* Changes will have an immediate positive impact on company and are expected to provide operational runway for a further 18-24 months

* Will reduce monthly cash burn by 80% through implementation of a series of cost-cutting measures and realignment of company resources Source text for Eikon: Further company coverage:

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