• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Longevity Market
    Longevity News
    Longevity Stocks
    • Longevity Market
    • Longevity News
    • Longevity Stocks
    longevity investing

    Burcon Announces Completion of Rights Offering

    Gabrielle Lakusta
    Feb. 14, 2018 09:54AM PST
    Longevity Investing

    Burcon NutraScience (NASDAQ:BUR) is pleased to announce the completion of its rights offering, which expired at 5:00pm (EST) on February 13, 2018. The Rights Offering will result in the issuance of 6,114,361 common shares of Burcon at a price of $0.57 per share for gross proceeds of approximately $3.49 million. As quoted in the press release: Burcon is working …

    Burcon NutraScience (NASDAQ:BUR) is pleased to announce the completion of its rights offering, which expired at 5:00pm (EST) on February 13, 2018. The Rights Offering will result in the issuance of 6,114,361 common shares of Burcon at a price of $0.57 per share for gross proceeds of approximately $3.49 million.

    As quoted in the press release:

    Burcon is working with its transfer agent to calculate the amounts exercised under the basic subscription privilege and the additional subscription privilege in connection with the Rights Offering and will provide further details, including information required by National Instrument 45-106 – Prospectus Exemptions, once available. Further to the Company’s press release of February 5, 2018 regarding the transfer of its listing to the NASDAQ Capital Market from the NASDAQ Global Market, Burcon confirms that, as a result of the Rights Offering, it has stockholders’ equity of over US$2.5 million, which meets the stockholders’ equity requirement for listing on the NASDAQ Capital Market.

    Click here to read the full press release.

    nasdaq global marketlongevity investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Hawthorn Resources

    Hawthorn Announces Closing of C$4 Million Subscription Receipt Financing

    Gold Royalty Completes US$34.5 Million Bought Deal Financing

    Gold Royalty Completes US$34.5 Million Bought Deal Financing

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Longevity Investing Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×