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Home : BacTech Closes Final Tranche of Oversubscribed Convertible Debenture Financing
May 05
2012

BacTech Closes Final Tranche of Oversubscribed Convertible Debenture Financing

TORONTO, CANADA--(Marketwire - May 4, 2012) - BacTech Environmental Corporation ("BacTech" or the "Company", (CNSX:BAC)(WKN:A1H4TY) announces that it has closed the second and final tranche of its convertible debenture financing originally announced on April 19th, 2012. The financing was oversubscribed, raising an additional $85,000 over its original goal of $500,000. Total gross proceeds raised in the financing was $585,000, with $160,000 of the proceeds closed in the second tranche and $425,000 of the proceeds closed in the first tranche.
Source:http://www.marketwire.com/mw/release.do?id=1652955&sourceType=3
 
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