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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.