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PTE — Pioneering Technology News Story

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Brief: Pioneering Technology announces $6 mln bought deal private placement

Feb 27 (Reuters) - Pioneering Technology Corp  PTE.V  
    * Pioneering Technology Corp. announces $6 million bought 
deal private placement 
    * Pioneering Technology Corp - has entered into agreement 
with Echelon Wealth Partners pursuant to which Echelon has 
agreed to purchase 5.45 million units 
    * Pioneering Technology Corp - gross proceeds from sale of 
units will be used to repay existing indebtedness, fund business 
expansion, among others 
 
Source text for Eikon:  ID:nCCN74hjJD  
Further company coverage:  PTE.V  
 
 ((bangalore.newsroom@thomsonreuters.com;))

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