Toronto, Ontario, May 30, 2007 - SQI Diagnostics Inc. (TSX-Venture: SQD), iis pleased to announce that it has appointed a syndicate led by Research Capital Corporation and including Kingsdale Capital Markets Inc. to act as agents on a best-efforts private placement offering (“The Offering”) of up to C$7,000,000 of Units of the Company at a price to be determined in the context of the market.
