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Microcap & Penny Stocks : Stateside's Canadian Microcap Board
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To: Dave@SI who wrote (1611)4/22/2016 9:14:25 AM
From: Dave@SI  Read Replies (1) of 1728
 
BCT PP!
$650k from "Leading US Biotech Fund" (unnamed I think) 19c, full warrants (30c)
That's 3.4m * 2 shares according to my calc, so 4% dilution now and 4% fd.

Not too bad (but just a starter), I guess it may help that this investor gives some credibility.
And a bit less uncertainty.

"BriaCell intends to use the offering proceeds toward the Company's Phase I/IIa clinical trial, for advancing the BriaCell R&D program and companion diagnostic platform known as BriaDx™, and for general corporate purposes."



Also Nasdaq listing sought. Anyone remember the conditions?
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