Sirona Biochem Details New Round of Private Financing

Sirona Biochem (TSXV:SBM) announced it arranged non-brokered private placement for gross proceeds of $535,000.
As quoted in the press release:

The private placement consists of 3,566,667 units, (the “Units”) at a price of $0.15 per Unit. Each Unit consists of one common share and one transferable share purchase warrant, each whole warrant exercisable into one additional common share of the Company for a period of 2 years from the date of issue at a price of $0.25 per share.
Proceeds of the placement will be used for general working capital.

Click here to read the full press release.

Source: www.marketwired.com