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Thu, 15 Jun 2006 12:10:00 PDT
PORTLAND, OR (MARKET WIRE) Paulson Investment Company, a wholly owned subsidiary of Paulson Capital Corp. ("Paulson") (NASDAQ: PLCC), today announced the completion of its first initial public offering in the 2006 calendar year, raising total gross proceeds of $19.5 million in a unit offering and follow-on exercise of a portion of the overallotment option.
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