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Published on 8/21/2007 in the Prospect News PIPE Daily.

Tasker arranges $3 million equity line of credit

By Laura Lutz

Des Moines, Aug. 21 - Tasker Products Corp. said that it has received a commitment for a $3 million equity line of credit.

The credit line would become effective when the company receives at least $4 million from a planned financing and any exercise of warrants.

Full terms of the deal were not announced.

Tasker is a chemical company based in Danbury, Conn.


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