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To: downandout who wrote (1670)7/29/2016 12:12:57 PM
From: ayeyou1 Recommendation

Recommended By
downandout

  Read Replies (1) | Respond to of 1728
 
I have not heard so much as a squeak out of BCT. Volume out of the blue looks to have some meaning but when you look at the sales one by one it is a totally random mix of houses buying and selling. Hard to put it off to leakage or some such.

Pondered pulling a trade off in here but may be tough to do much in way of share volume without crushing price and thats counter productive. Last time around I was able to buy back all my shares for less than 1/2 of what I had sold them at so really I am riding freebies but I could get my costs down to negative territory with a well timed trade...

Developments in these biotechs seem to just crawl along at a snails pace but their ultimate goal is a worthy one and when they succeed the rewards can be high.



To: downandout who wrote (1670)8/12/2016 10:20:30 AM
From: ayeyou1 Recommendation

Recommended By
downandout

  Read Replies (1) | Respond to of 1728
 
Briacell arranges $1.5-million private placement

2016-08-12 08:05 MT - News Release

Ms. Farrah Dean reports

BRIACELL ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Briacell Therapeutics Corp. intends to complete a non-brokered private placement of units of the company at a price of 20 cents per unit for aggregate gross proceeds of up to $1.5-million. Under the offering, each unit shall consist of one common share in the capital of the company and one common share purchase warrant. The warrants will be valid for 36 months following the date of closing of the offering, and each warrant will be exercisable for one common share at an exercise price of 30 cents if exercised during the initial 12 months and 35 cents if exercised during the subsequent 24 months following the date of closing of the offering.

The company intends to use the proceeds from the offering toward the company's phase I/IIa clinical trial, for advancing the Briacell research and development program and companion diagnostic platform known as BriaDx, and for general corporate purposes.

The offering is expected to close on or about Aug. 19, 2016, and is subject to the approval of the TSX Venture Exchange and other customary closing conditions.

We seek Safe Harbor.

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