Allstocks.com's Bulletin Board Post New Topic  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » .11 and Up! » REPCF

 - UBBFriend: Email this page to someone!    
Author Topic: REPCF
mickymoose99
Member


Member Rated:
5
Icon 1 posted      Profile for mickymoose99     Send New Private Message       Edit/Delete Post   Reply With Quote 
RepliCel Announces Closing of Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 18, 2012) -

NOT FOR DISSEMINATION IN THE UNITED STATES

RepliCel Life Sciences Inc. (the "Company" or "RepliCel") (OTCBB:REPCF) is pleased to announce the closing of a private placement financing (the "Financing"), pursuant to which it has issued 502,667 units at a price of US$1.50 per unit for gross proceeds of US$754,001.

Each unit issued consisted of one common share of the Company and one common share purchase warrant. Each warrant entitles the holder to purchase an additional common share at US$2.50 per share for a period of 24 months from the closing of the Financing. An initial tranche of 66,304 Units for gross proceeds of US$99,456 closed on February 29, 2012, and a second tranche of 876,042 Units for gross proceeds of US$1,314,063 closed on March 29, 2012.

All securities issued in connection with the Financing are subject to a hold period in accordance with applicable Canadian and United States securities laws. Proceeds of the Financing will be used for general working capital requirements.

None of the securities sold in the Financing and none of the options granted, or the securities underlying the options, have been or will be registered under the United States Securities Act of 1933, as amended (the "Act"), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Act.

On Behalf of the Board of Directors,

Peter Jensen, Chairman of the Board


For further information, please visit their website at Hair Loss Solution: Replicel's Potential Solution is Under Development

Posts: 141 | From: new jersey | Registered: Oct 2009  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share