Zoommed Inc. (TSXV:ZMD) announced that it has entered into an agreement for a private placement of loan for gross proceeds of CAD 50,000 with new lender Persistence Capital Partners II, L.P., a fund managed by PCP GP, L.P. on March 14, 2017. The loan carries a fixed coupon of 12% per annum and would mature on March 31, 2018. The company paid set up fee of CAD 25,000.