Home » ALLON THERAPEUTICS ARRANGES $6.2 MILLION FINANCING
ALLON THERAPEUTICS ARRANGES $6.2 MILLION FINANCING
August 16, 2005
Allon Therapeutics Inc. (TSX-V: "NPC"), The Neuro Protection Company(TM), announced today that it has arranged a $6.2-million private placement of common shares to a group of largely institutional investors at a price of $1.05 per share. The placement funds have been received and closing is expected in the immediate future upon formal TSX Venture Exchange acceptance.
Canada NewsWire Group (http://www.newswire.ca/en/releases/archive/August2005/15/c9953.html)
KEYWORDS Daily International Pharma Alert
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