tiprankstipranks
Britannia Life Sciences Plans Capital Boost
Company Announcements

Britannia Life Sciences Plans Capital Boost

Britannia Life Sciences Inc (TSE:BLAB) has released an update.

Don't Miss Our Christmas Offers:

Britannia Life Sciences Inc. is set to raise up to CAD$1,000,000 through a non-brokered private placement of debenture units, combining unsecured debentures and common share purchase warrants. The proceeds from the offering, which includes 10% annual interest debentures maturing in 12 months with a possible 12-month extension, will be used for working capital and general corporate purposes. The anticipated closing date of the placement is on or about June 21, 2024, subject to regulatory approvals.

For further insights into TSE:BLAB stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskBritannia Life Sciences Reports Successful Shareholder Meeting
TipRanks Canadian Auto-Generated NewsdeskBritannia Life Sciences Launches Strategic Financing Drive
TipRanks Canadian Auto-Generated NewsdeskBritannia Life Sciences Back on Track with OSC
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App