POET Technologies Inc. (
TSX: V.PTK,
Stock Forum) eased 4.4% to $1.08 in active trading after the company released its interim financial statements for the period ended June 30, 2015 on
SEDAR.
The company posted a loss of US$2.9 million or 2 cents a share in the third quarter, virtually matching the loss reported in the same period last year.
In the six-month period, ended June 30, 2015, the company posted a loss of $5 million, or 3 cents a share, marking a slight increase from the year ago loss of $$4.7 million or 1 cent per share.
POET Technologies is a Toronto-based company engaged in the development of the planar opto-electronic technology platform semiconductor process IP for monolithic fabrication of integrated circuit devices containing both electronic and optical elements on a single die.
Loyalist Group Ltd. (
TSX: V.LOY,
Stock Forum) shares rose 6% to 9 cents on news that the company has completed the third stage closing of a private placement offering that has now raised $7 million.
The company said in a press release it expects to complete one final tranche of the offering over the next several weeks, raising the total proceeds to $8 million.
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