Carolina Rush Corp. is pleased to announce the closing of its previously announced "best efforts" brokered private placement through the issuance of 16,135,000 units of the Company at $0.20 per Unit for gross proceeds of $3,227,000, which includes a partial exercise of the agent's option . The Offering was conducted pursuant to the terms and conditions of an agency agreement entered into by the Company, Paradigm Capital Inc. acting as lead agent and sole bookrunner, PI Financial Corp., and Research Capital Corporation . Prior to the closing of the Offering, the Agents exercised their option to sell an additional 1,115,000 Units at the Issue Price . Layton Croft, President and CEO, stated: "I extend heartfelt gratitude to both our existing and new shareholders who have demonst...