03:42 PM EST - Focus Ventures Ltd. : Advised that its previously announced non-brokered private placement financing was oversubscribed and the Company has now closed the financing with the issuance of 18,672,000 units at $0.125 per unit, for gross proceeds of $2,334,000. Each unit consists of one common share and one warrant entitling the holder to purchase one additional common share of the Company for five years from closing at $0.15 per share in the first three years, and at $0.20 per share in the fourth and fifth years. Focus Ventures Ltd.
shares V.FCV are trading up $0.005 at $0.12.
