By Laura Lutz
Des Moines, April 2 - Zecotek Medical Systems Inc. settled an additional C$2 million tranche of its previously announced private placement of shares, bringing the total deal size to C$5.5 million.
The price per share was C$1.15.
The placement priced on Jan. 25 as a C$2 million offering. The deal price was increased to C$3 million on Jan. 30.
The first tranche, for C$3.5 million, closed on Feb. 20.
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$5.5 million
|
| Price: | C$1.15
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Pricing date: | Jan. 25
|
| Upsized: | Jan. 30
|
| Settlement date: | Feb. 20 (for C$3.5 million); April 2 (for C$2 million)
|
| Stock symbol: | TSX Venture: ZMS
|
| Stock price: | C$1.12 at close Jan. 25
|
| Stock price: | C$1.22 at close Jan. 30
|
| Stock price: | C$1.40 at close Feb. 16
|
| Stock price: | C$1.83 at close April 2
|
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