Dec 1 (Reuters) - SQI Diagnostics Inc SQD.V :
* Announces private placement with insider participation
* Intends to complete a non-brokered private placement of up to 7.5 million
units of the company at a price of $0.40 per unit
* Intends to use the net proceeds of the private placement to fund the
company's product development and commercialization programs
* Source text for Eikon ID:nCNWt8gj2a
* Further company coverage SQD.V