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INfe Human Resources arranges $3 million private placement
By Sheri Kasprzak
New York, Dec. 1 - INfe Human Resources, Inc. said it has negotiated a private placement for $3 million.
The full terms of the offering could not be determined by press time Thursday.
The proceeds will be used for the company's acquisition strategy and for working capital.
Based in Las Vegas, INfe is a staffing company.
On Thursday, its stock lost 8 cents, or 11.76%, to close at $0.60.
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