Visitors Now:
Total Visits:
Total Stories:
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Theralase Technologies Inc to raise funds

Tuesday, November 8, 2016 8:01
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Theralase Technologies Inc (CVE:TLT) is to raise up to C$6mln through a public offering of shares.

The company is proposing to issue up to 20mln units at 30 cents a pop, with each unit comprising one common share plus a warrant to buy a common shares at a cost of 37.5 cents.

The offering is expected to close on or about November 10, 2016.

The net proceeds of the offering will be used to fund research and development activities by Theralase’s Photo Dynamic Therapy division, commercialization activities by Theralase’s Therapeutic Laser Technology division and for working capital and general corporate purposes.

Shares in Theralase currently trade at 37.5 cents.

Story by ProactiveInvestors

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.