Hempyreum.org
Local Time
English (UK) Deutsch (DE) Français (FR) Español (ES) Italian (IT)
Tetra Bio-Pharma Announces New Private Placement Deal
Author: Bryan Mc Govern  16/03/2018 - 15:24:00

Tetra Bio-Pharma (TSXV:TBP; OTCQB:TBPMF) announced a non-brokered private placement of up to 4,500,000 units at a price of $1.00 per unit for aggregate gross proceeds of up to $4.5 million.

As quoted in the press release:

Each unit will consist of one common share (a “Common Share“) in the Company and one warrant (a “Warrant” and collectively the “Warrants“). Each Warrant will entitle the holder thereof to acquire one Common Share at a price of $1.30, for a period of 36 months from the closing date.

The private placement is expected to close on or about March 31, 2018.

The securities issued pursuant to the private placement will be subject to a four-month hold period from the closing date. Completion of the private placement remains subject to the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

Click here to read the full press release.

The post Tetra Bio-Pharma Announces New Private Placement Deal appeared first on Investing News Network.

Original article: Tetra Bio-Pharma Announces New Private Placement Deal

..


06/07/2018 - 15:01:00
info
Total pages / language:   36'395 / 21'868
In the archive :   46'558
Pages last 24 hours:   40
This Month Pages:   686
Views:   12'485'0182'153'623
Views Archive:   13'445'848

©2018 - Hempyreum.org - News aggregator about Hemp and Cannabis [Beta] | All rights and ownership of the contents belong to their respective holders

Advertising