Tuesday, March 12, 2013 8:41:29 PM
Chancery Resources, Inc. (Chancery) is an exploration-stage company. Chancery is engaged in the exploration of mineral on the properties. The Company’s wholly owned subsidiaries include Chancery Mining Canada Ltd. and Minera Chancery Columbia. The properties of the Company include HCL Property, Fiddler Creek Property and El Cafetal Mine.
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RXi Pharmaceuticals Corporation (OTCQB: RXII) announced that it has entered into definitive agreements related to a private placement of approximately 113 million shares of common stock at a price of $0.145 per share, for gross proceeds of approximately $16.4 million. The transaction is expected to close on or around March 12, 2013, subject to the satisfaction of closing conditions.
The financing was led by OPKO Health, Inc. (OPK) and Frost Gamma Investments Trust, a trust controlled by Phillip Frost, M.D. Other participants included existing investors Tang Capital Partners, LP and RTW Investments, LLC as well as new institutional and accredited investors.
RXi Pharmaceuticals Corporation discovers, develops, and commercializes therapies based on its RNAi platform.
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http://www.monstertradingalerts.com/market-scan/?symbol=RXII
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Source: Accesswire IA (March 12, 2013 - 1:32 AM EDT)
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