New Issue: International Isotopes plans $1.2 million placement of shares

By Laura Lutz

Des Moines, March 26 - International Isotopes Inc. arranged a private placement of shares for about $1.2 million.

The company plans to sell 13,333,331 shares to institutional and private investors. For each share, investors also received one class C warrant and one class D warrant.

Each class C warrant will be exercisable at $0.10 for four years, and each class D warrant will be exercisable at $0.11 for four years.

Firebird Global Master Fund II, Ltd. is lead investor.

International Isotopes is a medical technology company based in Idaho Falls, Idaho.

Issuer:	International Isotopes Inc.
Issue:	Shares
Amount:	$1.2 million
Shares:	13,333,331
Warrants:	13,333,331 class C warrants; 13,333,331 class D warrants
Warrant expiration:	Four years
Warrant strike price:	$0.10 for class C warrants; $0.11 for class D warrants
Investor:	Firebird Global Master Fund II, Ltd. (lead)
Pricing date:	March 21
Announcement date:	March 26
Stock symbol:	OTCBB: INIS
Stock price:	$0.174 at close March 26

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