February 27, 2017 / 1:43 PM / in 10 months

BRIEF-Pioneering Technology announces $6 mln bought deal private placement

Feb 27 (Reuters) - Pioneering Technology Corp

* Pioneering Technology Corp. announces $6 million bought deal private placement

* Pioneering Technology Corp - has entered into agreement with Echelon Wealth Partners pursuant to which Echelon has agreed to purchase 5.45 million units

* Pioneering Technology Corp - gross proceeds from sale of units will be used to repay existing indebtedness, fund business expansion, among others Source text for Eikon: Further company coverage:

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