Organization: Research Capital Corp

Sonic raises $7.2 million for PCB destruction plants

Sonic Environmental Solutions Inc, Vancouver, is on track to finish construction of its PCB destruction facilities in British Columbia and Eastern Canada after raising $7.2 million in a private placement. The financial syndicate is led by Haywood Securities Inc, and includes Research Capital Corp and Pacific International Securities Inc. Sonic is commercializing a patented platform…

Labopharm raises $22 million for product launch and R&D

Labopharm Inc is set to complete a $22-million share issue on July 15 to support the commercial launch of its tramadol analgesic and advance development of a new program in the Laval PQ-based firm’s pipeline. The financing is a bought deal by a syndicate of underwriters led by National Bank Financial Inc and including RBC…