EMV 5.94% $2.14 emvision medical devices ltd

Ann: EMVision Backed By NSW Medical Devices Fund With $2.5m Grant, page-7

  1. 970 Posts.
    lightbulb Created with Sketch. 529
    Well done to mgmt again in securing more funding $2.5m. No capital raise in sight, only non dilutive grants

    Can someone explain where it says "repayment of the grant...", does it mean we have to pay it back upon agreed clinical trail outcomes?
 
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