March 31, 2015 - Concord, Ontario, Canada. Ionada Incorporated is pleased to announce the closing of its second round of funding, a US $5 million convertible debenture.
“This second round of outside capital enable us to complete our production commercialization, and positions us to continue the rapid growth that we have experienced over the past two years,” said Edoardo Panziera, Ionada's Founder and CEO.
Edoardo Panziera commented that the, “Closing of the Series B Financing enables Ionada to move forward aggressively to begin selling and marketing our Membrane Scrubber™ globally. 2015 will be be a breakthrough year for us.”
About Ionada Incorporated:
Ionada (www.ionada.com) is a Canadian technology leader in air emission and water treatment technologies, focused on developing, manufacturing and marketing marine Exhaust Gas Cleaning Systems (EGCS). Ionada's mission is to provide emission abatement technologies that not only keep our air and waters clean, but provide a financial benefit to our customers.
FOR FURTHER INFORMATION: please visit www.ionada.com
Forward Looking Statements
These statements address future events and conditions and so involve inherent risks and uncertainties. Actual results could differ from those currently projected. The Corporation does not assume the obligation to update any forward‐looking statement.
Source, Ionada Incorporated.
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