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Published on 5/22/2012 in the Prospect News PIPE Daily.

MedX Health withdraws C$1 million private placement of equity units

Company is reviewing financing options to raise proceeds for MoleMate

By Devika Patel

Knoxville, Tenn., May 22 - MedX Health Corp. said it is withdrawing a C$1 million non-brokered private placement of units it priced on April 2.

The company said in a press release that it is reviewing other "financing vehicles to raise up to C$1 million to accelerate the expansion of the MoleMate skin cancer imaging sales and marketing programs."

Based in Mississauga, Ont., MedX Health develops phototherapy medical devices.


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