Q-Zar, the Irish managed and Texas based leisure and entertainment company, has raised $15.5 million (£9.2 million) in a private placing of warrants. The proceeds of the fund raising will be used to continue Q-Zar's expansion in the US and Canada. Q-Zar chief operating officer Mr Andrew Adler said that the group had three entertainment centres due to open immediately with potential for a further 10 centres in 1997.
Q-Zar raises £9.2m
Q-Zar, the Irish managed and Texas based leisure and entertainment company, has raised $15.5 million (£9
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