Bio Solutions Manufacturing will close $2.25 million stock deal

By Sheri Kasprzak

New York, May 1 - Bio Solutions Manufacturing, Inc. said it raised $2.25 million from a straight equity financing with T&T Capital.

The terms of the offering could not be determined by press time Monday.

The proceeds will be used for the development of the company's biodiesel products.

Located in Hattiesburg, Miss., Bio Solutions develops microbiological products for waste bioremediation.

On Monday, the stock lost 6 cents, or 8.96%, to close at $0.61 (OTCBB: BSLM).

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