Funded Local Who is raising money in your own backyard?

VANCOUVER, Canada – iCo Therapeutics Inc. (TSX-V: ICO) announced today that it has closed a non-brokered private placement to raise gross proceeds of $1,140,450 through the issuance of 3,801,500 common shares at a price of $0.30 per share. The Company intends to use the net proceeds of the offering for general corporate purposes and working capital. A finder’s fee of 6% is payable to certain arm’s length third parties with respect to a portion of the private placement.

VANCOUVER, Canada – iCo Therapeutics Inc. (TSX-V: ICO) announced today that it intends to complete a non-brokered private placement to raise gross proceeds of $1,140,450 through the issuance of 3,801,500 common shares at a price of $0.30 per share. The Company intends to use the net proceeds of the offering for general corporate purposes and working capital. A finder’s fee of 6% will be payable to certain arm’s length third parties with respect to a portion of the private placement.

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

Vancouver, Canada Forbes Medi-Tech Inc. (TSX:FMI, NASDAQ:FMTI or NASDAQ:FMTID) ("Forbes" or the "Company") today announced that, as part of its continuing reorganization plan, it has entered into an agreement with a private investor (the "Investor") to reorganize Forbes Medi-Tech Operations Inc. ("FMTO"), a wholly-owned subsidiary of Forbes. The Investor is to make an investment of $3 million in a convertible debenture of FMTO.

Vancouver, March 13 - Visiphor Corporation (OTC BB:VISRF.OB - News) (CDNX:VIS.V - News) (DE: IGYA) ("Visiphor") announces today that it has received TSX-V approval and has closed a Cdn. $1,750,000 private placement with Quorum Investment Pool Limited Partnership ("QIP") of an 8% convertible secured debenture maturing over a 4-year period. The debenture will be convertible into common shares of the Issuer at the conversion price of Cdn. $0.10 per common share. QIP has agreed to a Cdn. $0.15 conversion price on performance targets mutually agreed upon by Visiphor and QIP.