09:34 AM EST - BioVaxys Technology Corp : Has closed the first tranche of a non-brokered private placement for gross proceeds of $200,000. The company issued 2,000,000 units at $0.10 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable for one additional common share for a period of 48 months. Gross proceeds from the private placement will total up to approximately $1,000,000. The second tranche is expected to close within the next two weeks. BioVaxys Technology Corp
shares C.BIOV are trading down 4.5% at $0.10.