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Sixth Wave Innovations Inc

12:15 PM EST - Sixth Wave Innovations Inc : Announce the following capital share placement to an institutional investor to raise gross amount of $2.568 million. Funds are to be used to progress IXOS, Affinity and AMIPs projects to revenue generation as well as corporate costs and general working capital. Sixth Wave has entered into agreements to issue securities for an aggregate net consideration of $2.4 million. Sixth Wave Innovations Inc shares C.SIXW are trading unchanged at $0.13.