Oct 17 (Reuters) - GeoOp Ltd GEO.NZ :
* Is terminating its initial public offering and listing on Australian Securities Exchange
* Co unable to reach outcome that addressed ASX requirements without materially changing offer or restricting Geo's operational plans
* Major shareholder North Ridge Partners agreed to provide medium term funding of convertible loan of up to NZ$1.5 million
* Monthly cash burn is expected to reduce materially in coming months