Difference Capital Funding Inc Completes Second Tranche Of Financing
Difference Capital Funding Inc announced that it closed the second tranche of previously announced non-brokered private placement on June 8, 2012. Under this tranche, Difference Capital issued a total of 29.1 million shares for gross proceeds of $8.7 million, which together with the first tranche brings the total gross proceeds of the financing to approximately $30.2 million through the issuance of approximately 100.9 million shares.
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