CanBas Co., Ltd. (TSE:4575) announced a private placement of 8th series warrants for gross proceeds of ¥1,495,200 on August 27, 2012. The transaction includes participation from Milestone Capital Management Co., Ltd. The company announced that it has 2,910,500 shares outstanding at the time of subscription.

On August 27, 2012, CanBas Co., Ltd. closed the transaction.