Published on 2/22/2007 in the Prospect News PIPE Daily.
New Issue: LabTech wraps A$2.35 million private placement of shares
By Laura Lutz
Washington, Feb. 22 - LabTech Systems Ltd. closed a private placement of shares for A$2,349,897.
The company sold 9,038,065 ordinary shares at A$0.26 each.
Paradigm Capital Pty. Ltd. acted as agent.
The company plans to issue up to 6,346,550 shares, for additional proceeds of up to A$1,650,103, upon shareholder approval.
Based in Kent Town, Australia, LabTech focuses on technologies for microbiology laboratories.
| Issuer: | LabTech Systems Ltd.
|
| Issue: | Shares
|
| Amount: | A$2,349,897
|
| Shares: | 9,038,065
|
| Price: | A$0.26
|
| Warrants: | No
|
| Agent: | Paradigm Capital Pty. Ltd.
|
| Settlement date: | A$2,349,897
|
| Stock symbol: | Australia: LBT
|
| Stock price: | A$0.34 at close Feb. 22
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
