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BRIEF-Superloop says approved the initial phase of investment in project Red Lion

Published 26/08/2015, 10:01 am
© Reuters.  BRIEF-Superloop says approved the initial phase of investment in project Red Lion
SLC
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Aug 26 (Reuters) - Superloop Ltd SLC.AX :

* Says board of directors has approved the initial phase of investment in project red lion

* Says additional capital investment will be funded from the company's existing cash reserves

* Re-confirms its expectation that the initial Singapore and Australian networks will be completed by the end of Q3, cy2015

* Source text for Eikon ID:nASX1lqxmj

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