January 18, 2017 / 2:32 PM / 8 months ago

BRIEF-Scandinavian Organics carries out private placement

Jan 18 (Reuters) - Scandinavian Organics AB (publ) :

* Carries out private placement

* Private placement is of up to 4,571,426 shares at 1.75 Swedish crown

* As of Jan. 18 2017 private placement has been fully subscribed and company will receive proceeds of about 8 million Swedish crowns ($900,000) Source text for Eikon:

Further company coverage: ($1 = 8.9282 Swedish crowns) (Gdynia Newsroom)

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