RE:RE:BTI:TSXV: Announces $200,000 Non-Brokered Private Placementany reason? it's not a lot of money? paying a bill?
...no it's not for bill payment. BTI had sufficient cash on the books at year end. Don't forget, they just received >$680K on December 23(?) for warrant exercise, plus they had around $2M as of November 30th. It's a bit of head scratcher. Monday, they take part in another virtual conference (they're listed as one of the "showcase" participants)
I hope it has something to do with advancing research work on one (or more) of their programs.