Algernon Pharmaceuticals Inc (AGNPF)

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Algernon Announces Increase to Private Placement

Received a email just now but not posted yet OTC but here’s a quote and my math comes to 3,400,000 shares with Warrants the same plus Brokers fee paid in shares

announces an increase to its non-brokered private placement, previously announced on July 11, 2024, from gross proceeds of $250,000 to $408,000 (the “Offering”) of units (the “Units”) at an issue price of $0.12 per Unit. Each Unit will consist of one Class A common share in the capital of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to acquire one Common Share (a “Warrant Share”) at an exercise price of $0.24 per Warrant Share for a period of 2 years from the date of issuance (the “Expiry Date”), subject to acceleration of the Expiry Date as described below. The Offering is expected to close on August 1, 2024

That’s $0.12 is $AGN price or $0.087 $AGNPF for the Unit and Warrants are just doubled the price

P.S. ••• It just posted OTC

https://www.otcmarkets.com/stock/AGNPF/news/story?e&id=2933271