Algernon Pharmaceuticals Inc (AGNPF)

[DiamondInTheRough]

It is definitely why the recent run has been placed on pause this morning. You can look at the trades this morning and see that there were light hands dropping blocks of shares. Hard to say what effect it will have given this has already sunken down so far. IMO it won't affect share price too hard outside of the dumpers we're currently seeing. $1 in funding

Overall it's good news that they are building additional funding concurrently with Cannabix Tech gaining steam as well. $1M CAD in cash is a large creation of funding for an incorporation that has a #2.3M CAD market cap. Presuming they have an easy time funding and complete it quickly, it's a strong vote of confidence by the private investors.