Carboclor S.A. (BASE:CARC) announced a private placement of shares for gross proceeds of ARS 100,000,000 on April 28, 2016. The round will include participation from returning investor Ancsol S.A. The shareholders of the company approved the transaction at shareholders ordinary meeting.

On same date, the company announced that it has received ARS 52,692,221 in its first tranche from Ancsol S.A.