Isotechnika Pharma Inc. (ISA.TO) Announces Close of Second Tranche of Private Placement of Units  
10/31/2012 6:45:03 AM

EDMONTON, Alberta, Oct. 31, 2012 (GLOBE NEWSWIRE) -- Further to its press release of October 16, 2012, Isotechnika Pharma Inc. (TSX:ISA) announced today that it has completed the second tranche of its non-brokered private placement, raising additional gross proceeds of $151,000 by the issuance of 3,775,000 units at a price of 4 cents per unit. The common shares and warrants issued pursuant to the private placement and any common shares issued on exercise of the warrants are subject to a four-month resale restriction that expires on March 1, 2013.