Helix BioPharma Continues Efforts to Resolve Filing Delay

Helix Biopharma Corp. (TSE:HBP) has released an update.

Helix BioPharma Corp., a clinical-stage biopharmaceutical company, has announced the ongoing delay in filing its interim financial statements, indicating that they are working diligently to complete the filings as soon as possible. The Ontario Securities Commission has issued a management cease trade order that restricts company executives from trading shares, although it does not affect shareholder trading. Meanwhile, Helix successfully closed a private placement offering, raising CAD$1.915 million without reporting any additional material changes or anticipated defaults.

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