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VANCOUVER, BC--(Marketwired - May 11, 2016) -
Sirona Biochem Corp. (TSX VENTURE: SBM) (FRANKFURT: ZSB) (XETRA: ZSB) (the "Company") is pleased to announce that it has closed a private placement in the amount of 4,147,500 units at $0.20 per unit for total gross proceeds of $829,500. Each unit consists of one common share and one-half of one transferable share purchase warrant, each whole warrant exercisable into one additional common share of the Company for a period of two years from the date of issue at a price of $0.30 per share. |