January 19, 2017 / 1:50 PM / 7 months ago

BRIEF-Identillect arranges $1,260,000 private placement

Jan 19 (Reuters) - Identillect Technologies Corp

* Identillect arranges $1,260,000 private placement

* Identillect Technologies says arranged non-brokered private placement of units of co at price of $0.06 per unit for aggregate proceeds of up to $1.26 million

* Identillect Technologies says to use net proceeds of offering to expand sales, marketing programs related to co's delivery trust email encryption product Source text for Eikon: Further company coverage:

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