Spectral Diagnostics raises C$19.5 million

Spectral Diagnostics Inc. (TSX:SDI) raised C$19.5 million ($18.6 million) through the sale of 48.8 million units at C$0.40 in a previously announced private placement to BioMS Medical Corp. (TSX:MS) and affiliates of GrowthWorks. Each unit comprises a share and a four-year warrant to purchase half a share, with each whole warrant exercisable at C$0.60. Desjardins Securities was placement agent. ...