|
BURNABY, BRITISH COLUMBIA--(Marketwired - June 10, 2013) - LED Medical Diagnostics Inc. ("LED" or the "Company") (TSX VENTURE:LMD)(OTCQX:LEDIF)(FRANKFURT:LME), announces that, subject to TSX Venture Exchange approval, it is undertaking a non-brokered private placement of 17,000,000 units at an issue price of $0.15 per unit for gross proceeds of $2.55 million. Each unit is comprised of one common share and one common share purchase warrant with each warrant entitling the holder to acquire one common share at an exercise price of $0.20 for a period of 24 months. |
