BioNxt Solutions (TSE:BNXT) has released an update.
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BioNxt Solutions Inc. has successfully completed the second tranche of its non-brokered private placement, issuing 1,000,000 common shares at $0.27 each for a total of $270,000. This brings them closer to their maximum goal of $1,620,000 from the sale of 6,000,000 shares. The funds raised are earmarked for research and development, commercialization programs, and general working capital.
For further insights into TSE:BNXT stock, check out TipRanks’ Stock Analysis page.