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Helix Biopharma Corp. Announces Closing of Private Placement of Common Shares
(TheNewswire) January 9, 2025 - (Toronto, Ontario) – TheNewswire - Hel...
About this update from Helix Biopharma Corp.
[{"type":"text","content":"Helix Biopharma Corp. Announces Closing of Private Placement of Common Shares\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n January 9, 2025 -\n \n\n (Toronto,\nOntario) –\n \n\n TheNewswire -\n \n\n Helix BioPharma Corp.\n \n\n (TSX: “HBP”,\nOTC PINK: “HBPCD”, FRANKFURT: “HBP0”) (“Helix”\n \n\n or the “Company”), a clinical-stage\nbiopharmaceutical company developing novel therapies in\nimmune-oncology, based on its proprietary technological CEACAM6\nplatform, DOS47, is pleased to announce that it has closed the private\nplacement of 4,000,000 common shares of the Company (“Common\nShare”) at a price of $0.75 per Common Share for gross proceeds of\nCAD$3,000,000 (the “Offering”).\n \n\n\n\n The Company intends to use the net proceeds of the\nprivate placement for working capital. The Offering is subject to\nfinal approval of the Toronto Stock Exchange. The Common Shares are\nsubject to a hold period of four months and one day expiring on May 9,\n2025 in accordance with applicable securities laws. In connection with\nthe closing, the Company paid a cash fee of 10% of gross proceeds\nraised to an eligible finder.\n \n\n\n\n About Helix BioPharma Corp.\n \n\n\n\n Helix BioPharma Corp. is a clinical-stage\nbiopharmaceutical company developing unique, immune-oncology therapies\nfor the prevention and treatment of cancer based on its proprietary\ntechnological platform, DOS47. Helix is listed on the TSX under the\nsymbol “HBP”, OTC PINK under “HBPCD” and FWB under\n“HBP0”.\n \n\n\n\n For more information, please\ncontact:\n \n\n\n\n Helix BioPharma Corp.\n \n\n\n\n Bay Adelaide Centre - North Tower\n \n\n\n\n 40 Temperance Street, Suite 2\n \n\n\n\n Toronto, ON M5H 0B4\n \n\n\n\n Tel: 604-428-7050\n \n\n\n\n Jacek Antas, Director\n \n\n\n\n [email protected]\n \n\n\n\n Forward-Looking Statements and Risks\nand Uncertainties\n \n\n\n\n This news release contains\nforward-looking statements and information (collectively, “forward\nlooking statements”) within the meaning of applicable Canadian\nsecurities laws. Forward-looking statements are statements and\ninformation that are not historical facts but instead include\nstatements regarding plans, goals, obje...