Aus dem BN Forum von Stpppkurs kopiert. ancouver, January 31, 2018 - Zecotek Photonics Inc. (“Zecotek” or the “Company”) (TSX-V: ZMS, Frankfurt: W1I, OTC PINK: ZMSPF), a developer of leading-edge photonics technologies for healthcare, industrial and scientific markets, is pleased to announce that it has closed on a previously announced divisional equity financing of $5 million.
The financing was completed by selling a 6.67% equity interest in a newly formed, wholly owned subsidiary Zecotek Imaging China Ltd. for net proceeds of $5 million. Zecotek has secured the divisional investment with an industrial business group based in China, which has also made a significant investment in the recently announced non-brokered private placement. The divisional financing was based solely on the appraised pre-commercialized value of Zecotek’s patented LFS scintillation crystal technology of approximately $75 million.
“The funds raised by the equity sale in Zecotek Imaging China will be used to enhance the production capacity and sales of our patented LFS scintillation crystals,” said Dr. A.F. Zerrouk, Chairman, President, and CEO of Zecotek Photonics Inc. “The in-house capacity will allow us to gain full control over the cost and price of our LFS crystals, and set a benchmark and standard to ensure price-performance and supply consistency for our customers. We have made considerable progress in the Chinese marketplace with collaboration and supply agreements with EBO Optoelectronics and have commitments from three medical scanner OEMs to use our LFS crystals. Our own China based operation complements our existing China based manufacturing partnerships and will provide supply assurance for our existing partners, as well as immediate European and Chinese medical scanner OEM customers and other LFS crystal users worldwide.”
Zecotek is also pleased to announce the formation of a new subsidiary: Zecotek Imaging China Ltd. This wholly owned subsidiary has been established in the Shanghai Technology Zone, and will operate under its parent company Zecotek Imaging Systems Ltd. Zecotek Imaging China will establish a presence in China and around the world through the production and commercialization of Zecotek’s patented LFS scintillation crystals in its current and future forms. Zecotek Imaging China will work closely with EBO and its customers within China and the broader international medical imaging market. |