Radioisotope manufacturer International Isotopes of Idaho Falls, ID, has raised $1.3 million in a stock offering to existing shareholders. The offering included a debt-to-equity conversion of $907,000, while the company received $406,000 in cash.
Most of the net proceeds from the offer will be invested into equipment, hardware, and facilities in order to further expand production capability, according to the company.
By AuntMinnie.com staff writersSeptember 16, 2003
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