News: QIN Quintis says more than $11 million secured in accelerated sales program

June 30 (Reuters) - Quintis Ltd (QIN)

• More than $11 million secured in accelerated sales program-qin.ax
• Young living has acquired 2.85 tonnes of company's sandalwood album oil for us$8.55 million
• Quintis has already received us$6.0 million from sale
• Remaining us$2.55 million is due to be paid following shipment, which is expected to be completed in july 2017
• company remains in commercial negotiations with respect to its business recapitalisation