June 23 (Reuters) - Data Communications Management Corp DCM.TO :
* Data Communications Management Corp. completes rights offering for $4.6 million and announces private placement of up to $3.9 million for gross proceeds of up to $8.5 million
* Data Communications Management- To use net proceeds from rights offering, private placement, together with borrowings, to repay debentures at maturity
* Data Communications Management- Private placement of up to 2.8 million units at price per unit of $1.40 for gross proceeds to company of up to $3.9 million Source text for Eikon: ID:nCNWBhdkna Further company coverage: DCM.TO