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From: ACAN	4/15/2010 11:49:40 PM
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AEZS Æterna Zentaris to Raise US$15 Million in Registered Direct Offering AETERNA ZENTARISÆterna Zentaris Inc..Related Quotes Symbol Price Change AEZ.TO 1.66 +0.27 Press Release Source: AETERNA ZENTARIS INC. On Thursday April 15, 2010, 8:40 pm EDT QUEBEC CITY, April 15 /PRNewswire-FirstCall/ - Æterna Zentaris Inc. (NASDAQ: AEZS; TSX: AEZ) (the "Company"), a late-stage drug development company specialized in oncology and endocrinology, announced today that it has received commitments from institutional investors to purchase US$15 million of securities in a registered direct offering. Under the terms of a Securities Purchase Agreement, the Company will sell to such institutional investors an aggregate of approximately 11.1 million common shares of its capital at a price of US$1.35 per share and issue warrants to acquire an aggregate of approximately 4.4 million common shares at an exercise price of US$1.50 per share.

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