28th Oct 2014 07:47
LONDON (Alliance News) - HaloSource Inc on Tuesday said it has raised approximately GBP7 million through a share placing.
The clean water and antimicrobial technology company placed 63.6 million shares at 11 pence per share. Shares in the company closed at 11.125 pence on Monday.
The funds raised are to be used for working capital and to fund the expansion of the company's drinking water and environmental water businesses.
The shares were placed with existing investors by Liberum.
By Sam Unsted; [email protected]; @SamUAtAlliance
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