TELESTA THERAPEUTICS INC T.TST

Who is Clarus? Oh yeah...

[rgonlyfactspls]

...I do recall back to Sept. 2014 with not so good memories. The institutional support is now overwhelming (goal discussed at AGM). Dear Telesta management.... Thank you for thinking of shareholders. --- BELLEVILLE, ON, September 23, 2014 – Bioniche Life Sciences Inc.......has closed its previously announced equity offering (the "Offering") of 25,070,000 units (the "Units") priced at $0.23 per Unit for total proceeds of $5,766,100, including the over-allotment option, which was fully exercised by the Agents (as defined below) concurrently with the completion of the Offering. Each Unit consists of one common share (a "Common Share") and one-half of a warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to purchase one Common Share at a price of $0.30 for a period of 60 months from the date hereof. The Units were issued pursuant to an agency agreement between the Company and Dundee Securities Ltd., as lead agent, Clarus Securities Inc. and Euro Pacific Canada Inc

[DamnYankees]

RGFacts; Maybe they felt that they overpaid at 17 cents and want to be compensated on the next financing. It is always a good idea to know who your friends are. Who knows, if they weren't there to support Bioniche at 17 cents, post BLA clearance for submission announcement, the company could have gone under. 27 cent shares with half warrants at 35. You can almost nail that one to your front