Australia's Imricor hits over 10-mth high on securing equity funding facility
06/07/2023 03:29
** Shares of Imricor Medical Systems Inc IMR.AX rise as
much as 18.9% to A$0.440, their highest level since Aug 23, 2022
** Co sees biggest intraday jump since June 16
** Medical devices maker enters into capital commitment
agreement with investment vehicle, GEM Global Yield LLC SCS
** Says GEM Global Yield to provide co up to A$30 mln ($20
mln) through a security subscription facility
** IMR up 1.4% YTD, as of last close
($1 = 1.4997 Australian dollars)
(Reporting by John Biju in Bengaluru)
((John.Biju@thomsonreuters.com;))
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