Friday, March 03, 2017 7:02:05 PM
March 3, 2017
Imagin Medical (the “Company”) announced today that it has closed the private placement announced on February 24, 2017 through the issuance of C$118,000 aggregate principal amount unsecured convertible notes (the “Notes”) at a price of $1,000 of principal amount per Note.
The Company’s president and two directors (the insiders) invested a total of $61,000 in this financing.
No Finder’s fees were paid in this financing. The Company will be making applicable filings with the CSE.
Proceeds from the placement will be used for general working capital purposes, including advancing the development of imaging solutions for the early detection of cancer through the use of endoscopes.
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