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Bullboard - Stock Discussion Forum Valeo Pharma Inc VPHIF

Valeo Pharma Inc. is a Canadian pharmaceutical company. The Company acquires, or in-licenses branded pharmaceuticals and hospital specialty products for sale in Canada. The Company is engaged in the commercialization of prescription products in Canada with a focus on respiratory/allergy, ophthalmology and hospital specialty products. Its respiratory/allergy products include Enerzair Breezhaler,... see more

GREY:VPHIF - Post Discussion

Valeo Pharma Inc > Valeo Pharma To Raise $4.0 Million Via 9-Month Debentures
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Post by AwareInvestor on Apr 14, 2021 8:36am

Valeo Pharma To Raise $4.0 Million Via 9-Month Debentures

Valeo Pharma this morning announced that it will be conducting a private placement. The placement will look to sell up to 4,000 unsecured non-convertible debenture units for gross proceeds of $4.0 million.
Comment by Royal10 on Apr 14, 2021 2:45pm
Could we see a more bullish buy signal? Insiders are buying a NON-BROKERED private placement of debentures yielding 8% just after having announced that  the company will begin to sell two new products in major provinces of Canada. The stock was also recommended by  IA Capital Markets analyst Chelsea Stellick that raised her share target for Valeo Pharma ($1.14) to $3.10 from $2.20 ...more  
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