Moneyflow Capital raises $1.5 million in private placement of stock

By Sheri Kasprzak

Atlanta, Jan. 18 - Moneyflow Capital Corp. has closed a private placement of stock for $1.5 million.

The company sold shares to several original shareholders of the company.

The company's management did not return calls for additional details about the offering by press time Tuesday.

Moneyflow, based in Vancouver, B.C., provides financial services, including short-term loans and check-cashing services in British Columbia.

On Tuesday, the company's stock closed up $0.13 at $1.51.

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