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NexgenRx Announces Completion of $425,000 Equity Financing

NexgenRx Announces Completion of $425,000 Equity Financing Toronto, Ontari...

articleNexgenrx Inc.October 11, 20185/company/nexgenrx-inc/news/nexgenrx-announces-completion-of-dollar425000-equity-financing
NexgenRx Announces Completion of $425,000 Equity Financing

About this update from Nexgenrx Inc.

[{"type":"text","content":"NexgenRx Announces Completion of $425,000 Equity Financing \n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc !important;\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px !important;\n\t\t\t\t\tmargin-top: 0px !important;\n\t\t\t\t\t-webkit-margin-before: 0px !important;\n\t\t\t\t\t-webkit-margin-after: 0px !important;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t }\n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\n\n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\n\n\t\t\t H1.nr-head {\n\t\t\t \t\tfont-family: Trebuchet MS !important;\n\t\t\t \t\tfont-size: 16pt !important;\n\t\t\t \t\tcolor: #3D86C6 !important;\n\t\t\t \t\tfont-weight:bold !important;\n\t\t\t \t\ttext-align:center !important;\n\n\t\t\t }\n\n\t\t\t H2.nr-sub-head {font-weight: bold !important;\n\t\t\t \t\tdisplay: block !important;\n\t\t\t \t\ttext-align: start !important;\n\t\t\t \t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 12pt !important;\n\t\t\t }\n\n\t\t\t .nr-body a { font-size: 11pt !important;\n\t\t\t }\n\n\t\t\t TABLE { width: auto!important;\n\t\t\t }\n\n\t\t NexgenRx Announces Completion of $425,000 Equity Financing\n Toronto, Ontario (FSCwire) - NEXGENRX INC. (\"NexgenRx\" or the \"Corporation\") announces the completion of a private placement financing, pursuant to which it has issued an aggregate of 1,700,000 common shares of the Corporation (each, a \"Common Share\") at a price of $0.25 per Common Share for aggregate gross proceeds of $425,000.  The proceeds of this offering will be used to fund future technology, product and software development, as well as to provide general working capital for 2018.  Four-month hold periods apply to the securities issued under this offering (expiring February 12, 2019) in accordance with applicable securities laws.  Four insiders participated in the offering, acquiring an aggregate of 400,000 Common Shares.  The foregoing subscriptions are considered to be related party tran...

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