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Eloda announces C$15 million private placement of shares
By Laura Lutz
Des Moines, April 11 - Eloda Corp. plans to conduct a private placement of shares for up to C$15 million.
Detailed terms of the offering were not announced.
Research Capital Corp. will act as agent for the deal.
Proceeds will be used to purchase additional capture stations and to fund the company's U.S. expansion as well as for working capital.
Based in Montreal, Eloda provides services to verify television advertising occurrence.
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