StockMarketWire.com - Fishing tackle shop Fishing Republic said it was attempting to raise emergency equity financing and would provide an update on its progress by the end of November.

The company said it had been working with its professional advisers to asses a number of options for it future, after last month warning of funding constraints.

'There does, however, remain a material uncertainty regarding the group's financial position, and the group continues to trade only with the short-term support of key creditors,' Fishing Republic said.

If it failed to raise equity and no other funding became available there would be significant doubt as to its ability to continue to trade as a going concern, it added



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