Financings in Brief: Xillix
This article was originally published in The Gray Sheet
Executive Summary
Xillix: Completes second and final closing of its $7 mil. private placement, announced in late February ("The Gray Sheet" March 6, p. 16). Richmond, British Columbia-based Xillix, a cancer imaging products manufacturer, says the second closing related to the sale of 715,000 special warrants to the Working Opportunity Fund for about $700,000. The Fund was founded by the British Columbia government to invest in local firms. Xillix announced previously its placement of about 6 mil. special warrants, raising $6.3 mil. in gross proceeds ("The Gray Sheet" March 20, p. 12)...