October 25, 2016 / 1:27 PM / in 10 months

BRIEF-Targeted Microwave Solutions increases financing to $2.50 mln

Oct 25 (Reuters) - Targeted Microwave Solutions Inc.

* Targeted Microwave Solutions increases financing to $2,500,000

* Says brokered financing has been increased to 7 million shares at a price of $0.25 per common share

* Non-brokered financing has been increased to 3 million shares at same offering price for gross proceeds of up to $750,000

* Planned use of proceeds from financing are to advance TMS's Generation III reactor technology Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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