Melbourne, Australia, 31 July 2018: Sienna Cancer Diagnostics Ltd, (ASX:SDX) (“Sienna” or “the Company”), a medical technology company developing and commercialising innovative cancer related tests, is pleased to announce the successful completion of a $1.6m share placement which introduced an institutional investor to the register and increased the holding of a sophisticated investor. The funds raised will be used to accelerate the technology expansion program outlined in the Company’s strategic plan. Funds from the placement have now been received and a total of 27,039,349 shares were issued on 27 July 2018, making both Merchant Opportunities Fund and Mr David Williams substantial shareholders in the company.
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