Defence Arranges Financing
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Defence Therapeutics Inc., a Canadian biopharmaceutical company, announced a non-brokered private placement to raise up to $4.2 million. The offering includes up to seven million units at $0.60 per unit, each consisting of one common share and one warrant.
December 31, 2024 | 9:45 pm
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Defence Therapeutics Inc. is raising up to $4.2 million through a private placement, offering units at $0.60 each. This move could provide the company with additional capital to advance its biopharmaceutical projects.
The private placement will provide Defence Therapeutics with significant capital, potentially enhancing its financial position and ability to fund ongoing and future projects. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100