TSXV:TRL.H - Post by User
Post by
PennyTrader10on Jun 28, 2018 9:55am
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Post# 28243772
Bought Deal Financing Closed
Bought Deal Financing Closed$6.61 Million Bought Deal Financing is closed. Money will be used to pay for 1. $1.75 Million to Mattern Pharma intellectual property rights and product development. 2. $2.87 Million to affliate of Endo International to settle payable promissory note. 3. Balance of funds will be used for working capital, ongoing new commercial and R&D activities as well as fund negative cash flow.