ProtoKinetix Announces Share Issuance and Closing of West Vancouver Office 9:31 PM ET, 03/06/2015 - Business Wire
ST. MARYS, W. Va.--(BUSINESS WIRE)--Mar. 6, 2015-- ProtoKinetix, Incorporated (OTC:PKTX) (www.protokinetix.com) (the “Company” or “ProtoKinetix”) announces that it has entered into an agreement with Clarence E. Smith, the Company’s President and CEO, pursuant to which Mr. Smith has agreed to purchase 15,000,000 shares of common stock of the Company at a price of $0.025 per share, representing aggregate total proceeds of $375,000, a portion of which had been advanced by Mr. Smith previously to the Company to pay Company expenses.
As of March 15, 2015, the Company will close its office in West Vancouver, British Columbia and transfer all operations to its West Virginia office. Any public relations questions may be directed to Blair Henderson at 604-356-3816. For any investor relations questions, please contact the Company at 304-299-5070.