Mediscience Technology Corp. Retains Investment Banking Firm Empire Financial Group To Lead Financing Strategies To Fund Growth Initiatives

CHERRY HILL, N.J.--(BUSINESS WIRE)--Mediscience Technology Corp. (OTC Bulletin Board: MDSC) announced that it has retained investment banking firm Empire Financial Group as placement agent to raise $2.0 million in bridge financing through a private placement on a "best efforts" basis with investor conversion rights to participate in a prospective firm commitment IPO to be lead by Empire Financial Group that is expected to raise not less than $5 million and as much as $10 million.
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