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An announcement from Onco-Innovations Ltd. ( (TSE:ONCO) ) is now available.
Onco-Innovations Limited announced a non-brokered private placement to raise up to $400,000 through the issuance of 243,903 units, each consisting of one common share and one share purchase warrant. The proceeds are intended for general corporate and working capital purposes, supporting the company’s operational and research objectives. Additionally, the company has approved the grant of incentive stock options and restricted share units as part of its equity incentive plan, reflecting its strategic efforts to strengthen its financial position and incentivize its workforce.
More about Onco-Innovations Ltd.
Onco-Innovations Limited is a Canadian-based company specializing in oncology, focusing on cancer research and treatment. The company is committed to pioneering research and innovative solutions for the prevention and treatment of cancer, and holds an exclusive worldwide license for patented technology targeting solid tumors.
Average Trading Volume: 92,088
Technical Sentiment Signal: Strong Sell
Find detailed analytics on ONCO stock on TipRanks’ Stock Analysis page.