VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 6, 2013) - Sirona Biochem Corp. (TSX VENTURE:SBM)( SRBCF )( ZSB.F ), ("the Company") announced today that it has completed the sale of 14,245,000 units (each a " Unit ") at a price of $0.10 per Unit for total proceeds of US$1,424,500 in the first tranche of its previously announced Private Placement (the " Private Placement "). Strong support was received from Vancouver-based investment firm Pathfinder Asset Management. "We are very pleased with the enthusiastic support we have received from existing and new investors and we are especially excited to have Pathfinder Asset Management join in supporting our organization," commented Sirona Biochem Chief Executive Officer Neil Belenkie. Each Unit consists of one common share of the Company (a " Share ") and one transferable share purchase warrant (a " Warrant ").