By Devika Patel
Knoxville, Tenn., Aug. 5 - Virtek Vision International Inc. said it will sell C$3 million of its shares in a private placement.
The company will sell the shares at C$0.85 apiece.
Proceeds will provide capital to pursue the growth of the business.
Based in Waterloo, Ont., Virtek is a provider of industrial laser solutions.
| Issuer: | Virtek Vision International Inc.
|
| Issue: | Common Stock
|
| Price: | C$0.85
|
| Warrants: | No
|
| Pricing date: | Aug. 5
|
| Stock symbol: | Pink Sheets: VVIIF
|
| Stock price: | $0.43 at close Aug. 5
|
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