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Izotropic Raises $455,000 in Private Placement to Bolster Operations
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Izotropic Raises $455,000 in Private Placement to Bolster Operations

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Izotropic ( (TSE:IZO) ) has provided an announcement.

Izotropic Corporation announced the completion of a non-brokered private placement financing, raising $455,000 through the issuance of 3,033,333 units at $0.15 per unit. The funds are earmarked for general and administrative purposes, and the addition of two strategic investors indicates potential future collaboration, which could impact the company’s operations and industry positioning.

More about Izotropic

Izotropic Corporation is a medical device company that specializes in commercializing imaging-based products. These products utilize innovative and emerging technologies to enhance the accuracy of screening, diagnosing, and treating breast cancers.

YTD Price Performance: 318.00%

Average Trading Volume: 51,837

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $11.61M

See more insights into IZO stock on TipRanks’ Stock Analysis page.

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