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Mind Medicine (MindMed) Inc MNMD

Alternate Symbol(s):  N.MMED.WA | N.MMED.WR | N.MMED.WS | N.MMED

Mind Medicine (MindMed) Inc. is a clinical-stage biopharmaceutical company, which is engaged in developing products to treat brain health disorders. It is developing a pipeline of product candidates, with and without acute perceptual effects, targeting neurotransmitter pathways. This specifically includes pharmaceutically optimized product candidates derived from the psychedelic and empathogen drug classes, including MM-120 and MM-402, the Company's product candidates. MM120, is a proprietary, pharmaceutically optimized form of lysergide D-tartrate that it is developing for the treatment of generalized anxiety disorder (GAD). MM-120 is also being studied in a subperceptual repeat administration dosing regimen for the treatment of attention deficit hyperactivity disorder (ADHD). MM-402, also referred to as R(-)-MDMA, is the Company's form of the R-enantiomer of 3,4-methylenedioxymethampheta (MDMA), which the Company is developing for the treatment of autism spectrum disorder (ASD).


NDAQ:MNMD - Post by User

Bullboard Posts
Post by josameyeron Aug 25, 2010 9:24am
538 Views
Post# 17381119

debt reduction in place.

debt reduction in place.Brigus Gold retires a convertible debenture August 23, 2010. It retired its outstanding unsecured convertible debenture by paying $4.68 million in principal and interest on August 23,2010. In addition to that, Brigus has been steadily strengthning its balance sheet with a significant reduction in project debt. Since march 10 the company has reduced project debt by $28.2 million to a balance of 41.8 million. With a principal repayment of 5 million scheduled at Dec 2010. the company expects to end the year with a project debt balance of $36.8 million. This represents a 47% debt reduction during this year. We are heading in the right direction in my view.Things are falling into place.Please DYODD. As always good luck to all shareholders. Cheers,Josa.
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