News: Digital Angel rises more than 8.5%, unit gets $4 mln credit revolving facility

igital Angel (DIGA) is up after the company says its subsidiary Destron Fearing Corporation has entered into a new $4 million revolving credit facility with TCI Business Capital, Inc. The new facility matures on August 31, 2012, and provides Destron Fearing the ability to borrow an amount equal to the lesser of the amount of availability under the borrowing base and $4.0 million.

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