tiprankstipranks
Trending News
More News >

Sirona Biochem Secures Funds Through Placement

Sirona Biochem Secures Funds Through Placement

Sirona Biochem (TSE:SBM) has released an update.

Confident Investing Starts Here:

Sirona Biochem Corp. has successfully completed a private placement, raising $132,500 CAD through the sale of 1,325,000 units at $0.10 each, which include share purchase warrants. The funds are slated for general working capital purposes, with all securities subject to a statutory hold period expiring on August 4, 2024. This financial move supports the company’s ongoing efforts in cosmetic ingredient and drug discovery leveraging their proprietary technology.

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

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App