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PharmaCielo Ltd. Obtains Final Receipt for Short Form Prospectus
PharmaCielo Ltd. Obtains Final Receipt for Short Form Prospectus Canada NewsWire ...
About this update from Pharmacielo Ltd.
[{"type":"text","content":"\n\n\n\nPharmaCielo Ltd. Obtains Final Receipt for Short Form Prospectus\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, May 15, 2020\n\n\n\nTORONTO, May 15, 2020 /CNW/ - PharmaCielo Ltd. (the \"Company\" or \"PharmaCielo\") (TSXV:PCLO) (OTCQX: PCLOF) is pleased to announce today that it has obtained a receipt for the Company's (final) short form prospectus dated May 15, 2020 (the \"Prospectus\"), filed with the securities regulatory authorities in the provinces of British Columbia, Ontario, and Québec. The Prospectus qualifies the distribution of 12,578,002 common shares (the \"Special Warrant Shares\") of the Company issuable upon the exercise or deemed exercise of 12,578,002 previously issued special warrants (the \"Special Warrants\"), including 12,428,002 Special Warrants issued pursuant to a best effort private placement conducted by a syndicate of agents led by Cormark Securities Inc., Stifel GMP and Echelon Wealth Partners Inc.\n\n \n \n \n \n \n \n\n \nIn accordance with the terms of a special warrant indenture dated as of April 15, 2020, as amended and restated on April 20, 2020 between the Company and Computershare Trust Company of Canada, as special warrant agent, each Special Warrant will be deemed to be exercised for Special Warrant Shares on or prior to the fifth business day following the date hereof. For further information on the Special Warrants, please see the Company's news releases dated April 1, 2020, April 6, 2020 and April 15, 2020, copies of which are available on SEDAR (www.sedar.com). \nThis news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.\nNeither the TSX Venture ...