Dardanel Onentas Gida Sanayi AS announced that it expects to receive TRY 15 million in funding from Niyazi Onen Gida Sanayi A S.

Dardanel Onentas Gida Sanayi AS (IBSE:DARDL) announced a private placement of common shares for gross proceeds of TRY 15,000,000 to new investor Niyazi Onen Gida Sanayi A S on December 11, 2014.

On March 20, 2015, the company announced that it has amended the terms of the transaction. The company will now receive gross proceeds of TRY 10,800,000 in the transaction.