TruScreen falls short of goal, raises $1 million

Mon, 08 Jul 2019

By Rebecca Howard July 9 (BusinessDesk) - TruScreen secured $1 million before costs in its latest capital raising, falling short of its $2 million goal. The cervical cancer test maker's shares were placed on a trading halt last Tuesday that was extended when the process took longer than initially expected. Trading will resume this morning. Chief executive Martin Dillon said last week more time was needed to carry out a bookbuild in Auckland, Melbourne, Sydney and Perth. At the time he said the firm was aiming to raise $2 million to c...

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