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NEW YORK — Sienna Cancer Diagnostics said on Friday that it has raised approximately A$1.7 million ($1.1 million) through a previously announced private stock placement. 

According to the Melbourne, Australia-based company, it sold 47.3 million shares to institutional and other certain investors at A$.0.35 per share through the private placement. Sienna also plans to offer 72 million new shares to eligible existing shareholders at the same price per share for gross proceeds of A$2.5 million.

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