Funded Local Who is raising money in your own backyard?

Award-winning Telephony and IT services appliance vendor reaches milestones to unlock $2 million equity tranche and secures additional $2.5 million in debt financing

VANCOUVER, Oct. 28 - Response Biomedical Corporation (TSX: RBM, OTCBB: RPBIF) (the "Company") today announced that it has completed an initial closing of the financing announced on October 14, 2008 and amended on October 17, 2008, raising gross proceeds of $4.66 million. The closing involved a brokered and non-brokered private placement of 31,084,435 units at a price of $0.15 for each unit. Each unit consisted of one common share and one-half of one common share purchase warrant. Each full warrant is exercisable for one common share at a price of $0.20 per share.

VANCOUVER, BC – June 20, 2008 – IP Applications Corp. (the “Company”) (IPX: TSX-V) today announces that it intends, subject to receipt of all necessary regulatory approvals, to complete a non-brokered private placement to raise between $750,000 and $1,500,000 through the issuance of up to 7,500,00 units at a price of $0.20 per unit (the “Offering”).

Vancouver, CANADA - SONIC Technology Solutions Inc. (?SONIC? or the ?Company?) today announced that it has closed the private placement (the “Placement”) first announced on May 12, 2008. Under the Placement, the Company issued an aggregate total of 5,249,332 units (the “Units”) to subscribers at a price of $0.30 per Unit, with each Unit consisting of one common share and one-half of one common share purchase warrant, for gross proceeds of approximately $1,574,800 (the “Proceeds”).

Vancouver, B.C. - EnWave Corporation (TSX-V: ENW) (“EnWave”, or the "Company"), wishes to announce the closing of the non-brokered private placement originally announced on May 06, 2008. The placement has raised $1,065,150 by issuing 3,550,501 units at a price of $0.30 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles its holder to purchase one common share of the Company at a price of $0.45 per share until May 30, 2010.

NEW YORK, NEW YORK, May 14, 2008 -- Stockgroup Information Systems Inc. (OTCBB:SWEB)(TSX VENTURE:SWB), a leading financial media company, is pleased to announce that it has completed a non-brokered private placement with PEAK6 Capital Management LLC to raise US$3,000,000 by the issuance of 3000 preferred shares at US$1,000. Each preferred share, upon conversion entitles PEAK6 to 2200 common shares of the Company, has an annual dividend of 7% payable in cash or stock at the option of the Company, is nonvoting unless converted, and automatically converts into common shares after two years.

Vancouver, Canada Forbes Medi-Tech Inc. (TSX:FMI, NASDAQ:FMTI) ("Forbes" or the "Company") today announced that, as part of its continuing reorganization plan, it has completed the previously announced transaction with a private investor (the "Investor") to reorganize Forbes Medi-Tech Operations Inc. ("FMTO"), a wholly owned subsidiary of Forbes.

Company to Initialize Launch of Heavy Oil Upgrading Process

Vancouver, CANADA - SONIC Technology Solutions Inc. (?SONIC? or the ?Company?) today announced that it has entered into a letter agreement with Becher McMahon Capital Markets Inc. (“Becher McMahon” or the “Agent”) to assist in meeting the capital requirements of the Company, including commitments relating to its heavy oil upgrading process.

NEW YORK, NEW YORK, May 5, 2008 -- (OTCBB:SWEB)(TSX VENTURE:SWB) Stockgroup Information Systems Inc. and PEAK6 Investments L.P., a leading options trading financial institution and long time investor in Stockgroup, announced today a strategic agreement where Stockgroup will provide market data, research and news to PEAK6's new online options information portal, The Options News Network. As part of the agreement, Stockgroup will issue 3000 preferred shares at US$1,000 per share to PEAK6.

VANCOUVER, Apr 30, 2008 -- TSX Venture Exchange symbol: IBR