Organization: Millenium Biologix Corp

Millenium completes $15-million private placement

Millenium Biologix Corp has raised $15 million through a private placement in which the largest investor is BioScience Managers Ltd, a London UK-based venture capital firm. The placement issued 60.6 million shares valued at 25 cents each, diluting existing shareholders who held 70.7 million units. The investment ushers in major changes to the Kingston-based firm’s…