Funded Local Who is raising money in your own backyard?

Neovasc Inc. (TSXV: NVC) today announced that it has completed the first tranche of a previously announced non-brokered private placement of approximately 7.4 million units at the price of $0.27 per unit for aggregate gross proceeds of up to $2.0 million. The proceeds of the offering will be used primarily to fund the COSIRA trial – a multi-center clinical trial intended to demonstrate the safety and efficacy of the company’s Reducer™ product for treating refractory angina.

International Bio Recovery Corporation ("IBR") (TSX-V: IBR.V) is pleased to announce that it has closed a non-brokered private placement of 22,851,499 units at $0.10. Each unit consists of one common share and one share purchase warrant exercisable at $0.125 for 2 years; the warrants will contain provisions that a) they cannot be exercised until four months after closing, and b) they must be exercised within 30 days of notice from IBR that the closing price of IBR's shares has been $0.25 per share for 20 consecutive trading days.

VANCOUVER, B.C.— Epic Data International Inc. (the “Company”)
(TSX-V: EKD), a provider of manufacturing operations management and real-time data collection solutions, is pleased to announce that it has closed its non-brokered private placement (the “Private Placement”) of 3,076,923 common shares (the “Common Shares”) at a price of $0.13 per Common Share, raising a total of $400,000. The Common Shares are subject to a four month hold period expiring on May 13, 2010.

The proceeds from the Private Placement will be used primarily for continued

Neovasc Inc. (TSXV: NVC) today announced that it intends to undertake a non-brokered private placement of approximately 3.7 million units at the price of $0.27 per unit for aggregate gross proceeds of $1.0 million. The private placement will include an over-allotment provision enabling the placement of an additional approximately 3.7 million units for total aggregate gross proceeds of $2.0 million.

VANCOUVER, B.C.— Epic Data International Inc. (TSX-V: EKD), a provider of manufacturing operations management and real-time data collection solutions, today announced it has arranged a non-brokered private placement of 3,076,923 common shares at a price of $0.13 per share for gross proceeds of $400,000. President & CEO, Robert Nygren , will be subscribing for a total of 2,692,308 common shares for proceeds of $350,000.

International Bio Recovery Corporation ("IBR") (TSX-V: IBR.V) is pleased to announce that it has increased a non-brokered private placement up to 25,000,000 common share units at a price of $0.10 per unit for gross proceeds of up to $2,500,000. On October 16, 2009, the Company announced a non-brokered private placement of up to 22,000,000 common shares; subscriptions have been received and there are a number of additional investors interested in participating. The Company expects to close the private placement before the end of the year.

The British Columbia government has committed $55 million to four venture capital funds in the hopes the funds, and their partners, will invest much more than that in venture companies in the province.

The money is part of the $90-million B.C. Renaissance Capital Fund announced in 2008, aimed at helping fund B.C. startups in information technology, life sciences, digital media and clean technology.

From Vancouver Sun - http://www.vancouversun.com/business/Victoria+commits+venture+capital+fu...

Vancouver, Canada November 23, 2009 – Versatile Systems Inc. (Trading symbols on the TSX
Venture Exchange: VV and on AIM: VVS), announces that it intends to offer a non-brokered private placement of 39,000,000 Common Shares at a price of CDN $0.105 per Share for gross proceeds of CDN $4,095,000. Two of the independent directors of Versatile have participated in this placement subscribing for all of the Shares. Alessandro Benedetti will subscribe for 19,500,000 Shares of the private placement. Bertrand des Pallieres will subscribe for 19,500,000 Shares of the private placement.

VANCOUVER, BC – November 23, 2009 – Monexa Technologies Corp. (TSX-Venture: MXA) ("Monexa" or the "Company") is pleased to announce a non-brokered private placement of up to 4,583,334 of 10% convertible preferred shares (the "Shares") of the Company at a price of $0.12 per Share (the "Offering") for gross proceeds of up to $550,000. The Company expects to issue up to 2,200,000 common share purchase warrants (the "Warrants") in connection with the Offering, each of which will entitle Investors to acquire a common share of the Company at a price of $0.36 until August 7, 2014.

VANCOUVER, BC – November 17, 2009 – Monexa Technologies Corp. (TSX-Venture: MXA) ("Monexa" or the "Company") is pleased to announce that, further to the Company’s news release of October 9, 2009, it has formally closed its non-brokered private placement and raised gross proceeds of $250,000.