Home > Boards > Canadian > Biotechs > Vanc Pharmaceuticals Inc. (TSXV:NPH)

Alda Pharmaceuticals arranges $1-million financing

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
woodstock135 Member Profile
 
Followed By 2
Posts 243
Boards Moderated 0
Alias Born 05/21/08
160x600 placeholder
woodstock135   Friday, 12/07/12 02:48:01 PM
Re: None
Post # of 4094 
Alda Pharmaceuticals arranges $1-million financing

2012-12-03 18:46 ET - News Release


Mr. Terrance Owen reports

NON BROKERED PRIVATE PLACEMENT FINANCING

Alda Pharmaceuticals Corp. has arranged a non-brokered private placement of up to 10 million units at a price of 10 cents per unit for gross proceeds of up to $1-million.

Each unit will consist of one common share of the company and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share of the company for a period of 24 months at a price of 20 cents per common share.

Any finder's fee will be paid by the company in accordance with the policies of the TSX Venture Exchange.

Proceeds from the offering will be used by Alda for general corporate and working capital purposes.

The above private placement is subject to all regulatory and board approvals.


Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist