Brief: 3D Signatures Inc. announces short form prospectus offering to raise up to C$5 million

Telo Genomics

19/07/2017 17:35

July 19 (Reuters) - 3d Signatures Inc  DXD.V : 
    * 3D Signatures Inc. announces short form prospectus 
offering to raise up to C$5 million 
    * Short form prospectus offering up to 12.5 million common 
shares in capital of company at a price of C$0.40 per common 
share 
    * Plans to employ approximately 40 percent of net proceeds 
from offering to complete validation program for company's 
Telo-HL test 
    * To employ about 20 percent of proceeds from offering to 
undertake pilot studies to determine applicability of co's 
Teloview software 
    * Co will use about 40 percent of net proceeds from offering 
to fund clinical wages, laboratory expenses related to co's 
ongoing research and development activities 
 
Source text for Eikon:  ID:nCCNxZszqa  
Further company coverage:  DXD.V  
 
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