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Imagion Biosystems Announces Capital Effort

Image Biosystems Ltd. (AU:IBX) has released an update.

Imagion Biosystems Limited is seeking to raise capital through the placement of 242,000 convertible notes at $0.90909 each, with the aim of raising approximately $220,000 before fees, in addition to the grant of 2,048,122 options. The Company has issued a transaction-specific prospectus under section 713 of the Corporations Act and ASIC Corporations Instrument for investors’ consideration. Interested parties are advised to read the prospectus thoroughly and consult professional advisors if necessary.

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