Sanwire Corporation (OTCPK:SNWR) announced a private placement for gross proceeds of $7,500,000 with Hanover Holdings I, LLC, a fund managed by Magna Group LLC on August 28, 2013. The equity financing is being provided through Magna Group LLC equity enhancement program.
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- Sanwire Corporation announced that it expects to receive $7.5 million in funding from Magna Group LLC.