Private Placement: C$1million

https://www.businesswire.com/news/home/20190506005823/en/Bioasis-Announces-Private-Placement

The Company will use the net proceeds from the private placement to support ongoing research and development, clinical development, manufacturing and other activities in respect of the Company’s clinical development pipeline and for working capital and general corporate purposes. Closing of the private placement is subject to the approval of the TSX Venture Exchange (“TSXV”).  

Koo