04:32 PM EDT, 03/22/2024 (MT Newswires) -- Diagnos ( DGNOF ) on Friday said it closed the final tranche of a private placement of share units, raising C$182,00.

The eye-health technologies company, said it placed 0.65-million units in the tranche, with each priced at C$0.28 and made up of a share and an 18-month warrant to buy a second share for C$0.40.

The two tranches of the placement raised a total C$0.58 million.

"The net proceeds from the private placement will be used to fund product development and commercialization of AI-based screening services as well as general and administrative operations," the company noted.

Diagnos ( DGNOF ) shares closed down C$0.005 to C$0.245 on the TSX Venture Exchange.