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Optiscan Imaging raises A$3.5M via share purchase plan, placement

Optiscan Imaging Ltd. completed an underwritten share purchase plan and top up placement, raising A$3.5 million.

The company raised A$2.5 million through the share purchase plan, and will issue 31,250,000 in fully paid ordinary shares. The company raised A$1 million through the top-up placement, and will issue 12.5 million fully paid ordinary shares.

Optiscan Imaging plans to use the capital to help fund the commercialization of its neurosurgery technology.