BRIEF-Kraken increases size of private placement to up to CDN$1.2 million

Thu Aug 11, 2016 8:51am EDT
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Aug 11 (Reuters) - Kraken Sonar :

* Kraken Sonar Inc says pursuant to offering, company will issue an aggregate of up to 8 million units at a price of cdn$0.15 per unit

* Increased size its non-brokered private placement of units from aggregate gross proceeds of up to cdn$1 million to up to cdn$1.2 million Source text for Eikon: Further company coverage: