AEterna Zentaris Inc. (AEZS)

[chmcnfunds]

The thing I wondered most about is reported:

Quote:
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In May, the Company entered into an At-the-Market ("ATM") Sales Agreement (the "May 2014 ATM Program"), with MLV & Co. LLC, under which the Company may, at its discretion, from time to time during the term of the sales agreement, sell up to a maximum of 14,018,692 million of its common shares through ATM issuances on the NASDAQ, up to an aggregate amount of $15 million.
Subsequent to quarter-end, between July 1, 2014 and August 7, 2014, the Company issued a total of approximately 1.4 million common shares under the May 2014 ATM Program for aggregate gross proceeds of $1.7 million, less cash transaction costs of $44,000 and previously deferred transaction costs of $8,000.
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Read more: http://www.nasdaq.com/press-release/aeterna-zentaris-reports-second-quarter-2014-financial-and-operating-results-20140807-01566#ixzz39k2WYb4e

(Currently do not own shares.)

AEZS