Sonomax Hearing Healthcare Inc. (TSX Venture: SHH) is pleased to announce that it has held a first closing of its previously-announced financing by borrowing $645,000 from various "accredited investors".

EdgePoint Investment Group Inc., the manager of Cymbria Corporation, is pleased to announce that Cymbria has completed an initial public offering of 13,000,000 non-redeemable class A shares at a price of $10.00 per Class A Share.

Response Biomedical Corporation (TSX: RBM, OTCBB: RPBIF) announced that it has completed an initial closing of the financing announced on October 14, 2008 and amended on October 17, 2008, raising gross proceeds of $4.66 million. The closing involved a brokered and non-brokered private placement of 31,084,435 units at a price of $0.15 for each unit.

Response Biomedical Corporation (TSX: RBM, OTCBB: RPBIF) announced that it has entered into an agreement with Haywood Securities Inc., as agent, pursuant to which the Company has agreed to offer for sale, on a best efforts basis and by private placement, an aggregate of 30,555,556 units at a price of $0.18 per unit, each unit consisting of one common share and one-half of one common share purchase warrant, for gross proceeds of approximately $5.5 million.

ZipLocal Inc. has entered into arrangements to obtain up to an additional $750,000 in secured debt financing from members of the J.L. Albright Ventures group of funds. The participating funds are J.L. Albright IV Venture Fund L.P., J.L. Albright IV Venture Parallel Fund L.P. and J.L. Albright IV Venture Parallel II Fund L.P.

Predictive medicine company PreMD Inc. (TSX: PMD; PREMF.pk) announced that it has completed its previously announced debenture financing with several existing institutional investors and insiders, including Midsummer Investment, Ltd. The gross proceeds of the financing which totaled CDN$500,000 will be used for general corporate purposes.

Waste Services, Inc. (Nasdaq: WSII), a multi-regional, integrated solid waste services company, announced today that it has completed the refinancing of its term loan and revolving credit facilities with a new dual-currency credit facility totaling approximately US$300 million.

Crombie Real Estate Investment Trust (TSX: CRR.UN) is pleased to report that it closed today the previously announced mortgage financing with HBOS Canada to refinance $100 million of the bridge loan used to partially finance the portfolio acquisition of 61 properties completed on April 22, 2008.

Automakers in China are joining hands with financial institutions to offer new credit deals to potential customers in the country amid market downturns, reports China Daily.

CCL Industries Inc., a world leader in the development of labelling solutions and specialty packaging for the consumer products and healthcare industries, announced today that it has entered into a private placement financing of Senior Unsecured Notes with U.S. institutional investors.

Medical Intelligence Technologies Inc. (TSX-V: MIZ), a provider of innovative monitoring solutions for the mobile telecare industry, today announced its intent to conclude a private placement financing of convertible debentures valued at a minimum of $1,000,000 over the next few weeks.

Banro Corporation (AMEX - "BAA"; TSX - "BAA") is pleased to announce that it has closed its previously announced public offering of 11,000,000 units of the Company at a price of U.S.$1.75 per unit for gross proceeds of U.S.$19,250,000.