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BlazingStocks

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BlazingStocks

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Friday, 05/06/2022 10:27:56 AM

Friday, May 06, 2022 10:27:56 AM

Post# of 58
$IXHL has cash on hand and no debt...a great opportunity here with clinical trials coming.

The loyalty options expired on April 22, 2022. A total of 67.3M new shares are to be issued, resulting in $A23.6M additional capital for the Company's clinical trial endeavours that are now significantly ramping up in 2022 and 2023. The Company's current cash balance is approximately A$40.0M and Incannex has no debt.
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