Tuesday, October 6, 2020
9:54 AM EST – Resverlogix Corp. : Announced today that it has entered into a definitive stock purchase agreement for a private placement of 10,560,000 equity units at a price of $1.25 per unit for gross proceeds of $13.2 million ($10 million U.S.). Each unit will be comprised of one common share and one common share purchase warrant. Each warrant will be exercisable at a price of $1.50 per share for a period of nine months from the closing of the offering. The units will be subject to a four-month hold period from closing. Resverlogix Corp. (T.RVX) shares were up $0.05 at 1.16.
Stocks in Play: Resverlogix Corp., Tue, 06 Oct 2020 10:00:02 EST