Genetic Technologies Limited (GTG.AX) Announces Quarterly Activities Report for the Quarter Ended 30 September 2011
10/26/2011 10:49:39 AM
FITZROY, Australia--(BUSINESS WIRE)--Genetic Technologies Limited (ASX: GTG, NASDAQ: GENE) today reported their quarterly activities report for the quarter ended 30 September, 2011.
Total cash receipts from customers during the quarter ended 30 September 2011 exceeded $2.3 million. Together with the $10.9 million in net funds raised from the placement of 60 million shares in late July, the Company’s cash reserves had increased to more than $14.8 million at the end of the quarter.
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