LAB Research Inc. Closes Over-Allotment Option To Complete $46 Million Initial Public Offering

LAVAL, QC, Sept. 12 /CNW Telbec/ - LAB Research Inc. (TSX: LRI) ("LAB Research" or "LRI"), announced today the completion of the exercise in full of the over-allotment option granted to the underwriters of its initial public offering (the "Option") for gross proceeds of $6 million in respect of its previously announced initial public offering of $40 million which was completed on August 3rd, 2006. This amount adds to the $40 million IPO financing and constitute an additional financing for LAB International Inc.
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