Brief: Medipharm Labs Announces Increase To Bought Deal Equity Financing To $29 Million
March 2 (Reuters) - Medipharm Labs Corp LABS.TO :
* MEDIPHARM LABS ANNOUNCES INCREASE TO BOUGHT DEAL EQUITY
FINANCING TO $29 MILLION
* MEDIPHARM LABS CORP - UNDERWRITERS HAVE AGREED TO
PURCHASE, ON A
BOUGHT DEAL BASIS, 50 MILLION UNITS OF CO AT A PRICE OF $0.58
PER UNIT
* MEDIPHARM LABS CORP - EACH UNIT WILL BE COMPRISED OF ONE
COMMON
SHARE IN CAPITAL OF CO AND ONE SHARE PURCHASE WARRANT
Source text for Eikon: ID:nGNX5t8b6
Further company coverage: LABS.TO
((Reuters.Briefs@thomsonreuters.com;))
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