By Laura Lutz
Des Moines, July 9 - Response Biomedical Corp. arranged a private placement of shares for C$12 million.
The company plans to sell 12 million shares through agent Haywood Securities Inc.
The shares are priced at C$1.00 each.
Based in Vancouver, B.C., Response develops diagnostic tests for clinical and environmental applications.
| Issuer: | Response Biomedical Corp.
|
| Issue: | Shares
|
| Amount: | C$12 million
|
| Shares: | 12 million
|
| Price: | C$1.00
|
| Warrants: | No
|
| Agent: | Haywood Securities Inc.
|
| Pricing date: | July 9
|
| Stock symbol: | TSX Venture: RBM
|
| Stock price: | C$1.23 at close July 9
|
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