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    RGT — Argent BioPharma News Story

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    Brief: MGC Pharmaceuticals Ltd Says Faced Difficulties In Raising Funds In UK Primarily, And In Australia

    Picture of Argent BioPharma logoArgent BioPharma
    26/09/2023 07:40
    Sept 26 (Reuters) - MGC Pharmaceuticals Ltd  MXC.AX :
    * MGC PHARMACEUTICALS LTD - BOARD AND MANAGEMENT HAVE BEEN
FORCED
TO TAKE DECISIVE ACTION AND DESIGN A RESTRUCTURING PLAN
    * MGC PHARMACEUTICALS LTD - PLAN WILL REDUCE OUR RELIANCE ON
CONSTANT CAPITAL RAISING AND ALLOW US TO COMPLETE AN 18-MONTH
WORK PLAN
    * MGC PHARMACEUTICALS LTD - FACED EXTREME DIFFICULTIES IN
RAISING
FUNDS IN UK PRIMARILY, AND IN AUSTRALIA

Source text for Eikon:  ID:nRSZ6570Na 
Further company coverage:  MXC.AX 

 ((Reuters.Briefs@thomsonreuters.com;))

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