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Published on 1/30/2007 in the Prospect News PIPE Daily.

New Issue: Zecotek increases private placement of shares to C$3 million

By Laura Lutz

Washington, Jan. 30 - Zecotek Medical Systems Inc. upsized its previously announced private placement of shares to C$3 million from C$2 million.

The company now plans to sell 2,608,695 shares, up from 1,739,130 when the deal priced on Jan. 25. The price per share will be C$1.15.

The deal will be non-brokered.

Zecotek is a Vancouver, B.C.-based medical imaging systems company.

Issuer:Zecotek Medical Systems Inc.
Issue:Shares
Amount:C$3 million
Shares:2,608,695
Price:C$1.15
Warrants:No
Agent:Non-brokered
Pricing date:Jan. 25
Upsized:Jan. 30
Stock symbol:TSX Venture: ZMS
Stock price:C$1.12 at close Jan. 25
Stock price:C$1.22 at close Jan. 30

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