April 27 (Reuters) - ILOOKABOUT Inc ILA.V :
* ILOOKABOUT announces $5 million bought deal financing
* ILOOKABOUT Inc - to sell 20 million common shares of company at a price of $0.25 per common share
* ILOOKABOUT - intends to use net proceeds of offering to accelerate new product development, position company for new opportunities Source text for Eikon: ID:nCNWT6QJta Further company coverage: ILA.V