LSL Pharma Group Inc (TSE:LSL) has released an update.
LSL Pharma Group Inc. has announced a strategic financial initiative involving private placements to raise up to $8 million, with a portion in cash and the remainder through debt conversion. The capital raised is designated for expanding the production capacity of their pharmaceutical plants and for general working capital. The offering includes units priced at $0.40, comprising common shares and warrants, subject to regulatory approvals.
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