March 11 (Reuters) - Slyce Inc SLC.V :
* Closes initial $4.5M in private placement financing
* Says non-brokered private placement of up to 70 million units of the
corporation at a price of $0.10 per unit.
* Says remainder of the private placement of up to $7 million is expected to
close over the course of the next 30 days
* Says intends to use the proceeds from the private placement for business
development, product development and enhancement
* Source text for Eikon ID:nCCN7G3hB
* Further company coverage SLC.V