July 19 (Reuters) - 3d Signatures Inc DXD.V :
* 3D Signatures Inc. announces short form prospectus offering to raise up to C$5 million
* Short form prospectus offering up to 12.5 million common shares in capital of company at a price of C$0.40 per common share
* Plans to employ approximately 40 percent of net proceeds from offering to complete validation program for company's Telo-HL test
* To employ about 20 percent of proceeds from offering to undertake pilot studies to determine applicability of co's Teloview software
* Co will use about 40 percent of net proceeds from offering to fund clinical wages, laboratory expenses related to co's ongoing research and development activities