News
International Isotopes completes million-dollar private placement
September 24, 2009 /
International Isotopes Inc. http://www.intisoid.com/ raised about $1 million for continued engineering and design and licensing for its planned uranium processing and fluorine extraction facility.
About 4 million shares (at 30 cents apiece) were placed with directors, past investors and major shareholders. In addition, the company also converted about $380,000 owed to a past board chairman into units under terms similar to the private placement.
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