Company Press Release
Royce Biomedical Inc. - Financing-Letter of Intent
VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 3, 1998-- Royce Biomedical Inc. (OTC BB:RYBO - news; The Company) is pleased to announce that they have received a letter of intent to complete a financing of $ U.S. 350,000.00 (three hundred and fifty thousand).
The funds generated by this financing will be devoted to operational costs at the laboratory and production facility in Irvine, California and working capital for the Company. This financing is expected to complete in a timely fashion.
Summary of the Company
Royce Biomedical Inc. is a state of the art developer, manufacturer and marketer of rapid result, medical diagnostic test kits with offices in Irvine, California and Beijing, China. Corporate Head Offices are in Vancouver, British Columbia, Canada.
CORPORATE HEAD OFFICE Tel:1 800 661 7844 or (604) 689 1924 905-475 Howe Street, Vancouver, B.C., Canada, V6C 2B3 Fax: (604) 689 8903
PRODUCTION & LAB FACILITY Tel: (714) 450 8733 4 Jenner Street, Suite 180, Irvine California, USA, 92718, Fax: (714) 450 8740
Contact:
Royce Biomedical Inc. 800/661-7844; 604/689-1924; Fax 604/689-8903 (Vancouver) 714/450-8733; Fax 714/450-8740 (Irvine) ======================================================================
Does anyone have any idea what this will do for the company? Thanks Michael |