TruScreen seeks $1 million from shareholders

Mon, 08 Jun 2015

June 9 (BusinessDesk) - NZAX-listed TruScreen is looking to raise up to $1 million from investors in a share purchase plan after the cervical cancer screening system's private placement came up short on its upper target of $4 million.. The Auckland-based company raised $3.27 million from institutional and eligible shareholders last month, short of its $4 million upper target but above its $3 million minimum. It will now offer existing shareholders up to 60,000 shares each at 25 cents each, a half cent discount to the stock's current price a...

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