Vancouver, Canada – January 23, 2009 - Ondine Biopharma Corporation (TSX: OBP; AIM: OBP) a medical technology company developing photodisinfection based products, today announced it intends to issue, via a non-brokered private placement (the “Offering”), 17,000,000 common shares at a price of $0.06 per share for aggregate gross proceeds of C$1.02 million, to qualified investors pursuant to applicable exemptions. The common shares issued under the Offering will be subject to a four month hold period from the closing date under Canadian Securities legislation.
The Honourable Lynne Yelich, Minister of State for Western Economic Diversification, announced a Government of Canada investment of over $2.8 million toward the development and commercialization of world leading Canadian bio-energy technologies.
"This innovative technology-based system will increase productivity in pulp and paper mills by reducing energy costs," said Minister of State Yelich. "It will also generate new economic opportunities and improve competitiveness."
Rx Networks Inc., a mobile positioning technology and global services company, is pleased to announce the closing of a $1.85 million financing from its existing investors. British Columbia Discovery Fund (VCC) Inc., Audiovox Canada and TELUS are making the second round investment as part of a larger $3 million series due to close on March 31, 2009.
Vancouver, Canada, November 21, 2008 -- Contec Innovations Inc. (TSXV: BUZ) ("Contec" or the "Company"), a mobile service provider, today announced its intention to conduct a non-brokered private placement offering to raise gross proceeds of up to C$1,600,000. Under the terms of the private placement, the Company will offer for sale up to 32,000,000 Units (the "Units") at C$0.05 per Unit.
VANCOUVER, BC – November 19, 2008 – Live Current Media Inc. (OTCBB:LIVC), a media company built around content and commerce destinations, announced today that it has accepted subscriptions in a non-brokered private placement to a limited group of institutional and accredited investors, and will be issuing 1.63 million Units at USD $0.65 per Unit for gross proceeds of USD $1.06 million. A second tranche for additional proceeds of up to $1 million is expected to close within the next 15 days.
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, B.C. – July 21, 2008 – Lignol Energy Corporation (TSX-V: LEC) (“Lignol” or “the Company”), a leading technology company in the cellulosic ethanol and biorefining sector, today announced that its wholly-owned subsidiary, Lignol Innovations Ltd. has been awarded $1.96 million in funding from the Government of British Columbia’s $25 million Innovative Clean Energy (“ICE”) Fund.
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”).