09:47 AM EST - Mosaic Capital Corporation : confirmed the closing today of its previously announced initial private placement of units of Mosaic with each Unit consisting of one private yield security of Mosaic and one private yield security purchase warrant. Under the Offering 21,320 Units have been issued for total gross proceeds of $21.3 million and Mosaic will pay a fee equal to approximately 3% of the gross proceeds to Westcourt Capital Corporation. Mosaic Capital Corporation
shares V.M are trading up $0.35 at $10.85.