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Gemina Labs Raises Funds and Settles Debt

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Gemina Labs Raises Funds and Settles Debt

Gemina Laboratories Ltd. (TSE:GLAB) has released an update.

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Gemina Laboratories Ltd. has successfully raised $435,000 through the exercise of common share purchase warrants and has also settled a $40,000 debt with lenders by issuing 100,000 common shares at a discounted price. The company is known for its innovative biosensor and diagnostic technology, which is currently being developed for rapid testing of various pathogens, including COVID-19 and influenza.

For further insights into TSE:GLAB stock, check out TipRanks’ Stock Analysis page.

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