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Thursday, 02/20/2014 12:05:13 PM

Thursday, February 20, 2014 12:05:13 PM

Post# of 2342147
Great funding news for NVLX .227 here!! Bought back in....here is the news from Briefing.com "IN PLAY":

phase clinical trials; $2 mln initial investment completed (NVLX) : Co announces that it has entered into a stock purchase agreement with Lincoln Park Capital Fund. Lincoln Park initially purchased 8 million shares of Nuvilex's common stock at $0.25 per share for $2 million and has committed to invest, at the sole option of Nuvilex, up to an additional $25 million of equity capital over the term of the purchase agreement. The proceeds from this investment will be used for Nuvilex's late-stage clinical trials in advanced inoperable pancreatic cancer, for research into the use of constituents of marijuana in the emerging medical marijuana arena and for general operating purposes.

GL all....tuna

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