03:09 PM EST - Quest PharmaTech Inc. : has closed a $1,000,000 unit offering private placement. This financing is a non-brokered private placement of 16,666,667 units of the Company at a price of $0.06 per unit. Each unit is comprised of one common share and one common share purchase warrant. Each whole warrant is exercisable into one common share at a price of $0.10 per common share. Quest PharmaTech Inc.
shares V.QPT are trading unchanged at $0.05.