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    ImmunoPrecise Increases Financing to $5.1 million

    Bryan Mc Govern
    Jul. 24, 2017 09:14AM PST
    Biotech Investing

    Immunoprecise Antibodies announced it increased a previously announced non-brokered private placement financing.

    ImmunoPrecise Antibodies (TSXV:IPA; OTCPINK:IPATF) announced it increased a previously announced non-brokered private placement financing to 5,100,000 shares for gross proceeds of up to $5,100,000.
    As quoted in the press release:

    All securities issued in connection with the private placement will be subject to a four‐month‐and‐one day statutory hold period. A finder’s fee may be payable on the private placement.
    Proceeds of the financing will be used for the acquisition of U-Protein and working capital purposes.
    Completion of the private placement remains subject to the approval of the TSX Venture Exchange.

    Click here to read the full press release.

    Source: www.newswire.ca

    private placementimmunoprecise antibodies
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