December 29, 2017 / 7:59 PM / a year ago

BRIEF-FTI Announces $3 Mln Private Placement

Dec 29 (Reuters) - Fti Foodtech International Inc:

* FTI ANNOUNCES $3,000,000 PRIVATE PLACEMENT

* SAYS PROPOSED PRIVATE PLACEMENT WOULD BE NON-BROKERED OFFERING OF 6 MILLION UNITS AT A PRICE OF $0.50 PER UNIT

* SAYS ‍PROCEEDS OF OFFERING TO BE USED FOR COSTS RELATED TO INTEGRATION OF FLASH CRYPTO-CURRENCY WITH BARTER INDUSTRY, OTHERS​ Source text for Eikon: Further company coverage:

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