Neolife SA (ENXTPA:ALNLF) announced a private placement of 20 OCABSA bonds at a price of €200,000 per bond for the gross proceeds of €4,000,000 on August 31, 2016. The security had a par value of €10,000 each. Each one representing a debenture loan of €200,000 supplied with 266,667 stock warrants having an exercise price of €0.75. The transaction will involve participation from Bracknor Fund Ltd, fund managed by Bracknor Capital LTD The warrant can be exercise on March 21, 2017.