Funded Local Who is raising money in your own backyard?

November 7, 2006 - Azure Dynamics Corporation (TSX: AZD & LSE: ADC) (“Azure” or the “Company”) is pleased to announce that it has closed its offering of 31,176,471 common shares of the Company at a price of CDN$0.85 per common share for aggregate gross proceeds of CDN$26,500,000 (the “Offering”). Clarus Securities Inc. and Paradigm Capital Inc. (together, the “Underwriters”) acted as co-lead underwriters in connection with the Offering.

Sonus Pharmaceuticals (OncoGenex) Closes $30.6 Million Registered Direct Offering