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;))