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Article: United States : $15,975,000 Investment by Philip Morris International in Medicago.
- Article from:
- TendersInfo
- Article date:
- September 23, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: pinto03
Medicago Inc. today announced that it has signed on September 19, 2008 a non-binding letter of intent with Philip Morris International ("PMI") for a private placement of 45,000,000 units (the "Units") at a price of $0.355 per Unit for proceeds of $15,975,000. The proceeds of the private placement will be used to further fund the development of Medicago's pandemic and seasonal influenza vaccines.
"We are very pleased to expand our relationship with PMI which was previously identified as the Fortune 100 company in our press releases of April 7, 2008, February 7, 2008 and December 19, 2007. The investment demonstrates their commitment and ...
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Article: Echo Bay Mines to sell 3.6 million newly issued common ...
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... ... that it is selling 3.6 million newly issued common shares in Canada, the United States and Europe. Of the shares being sold, 1 million ... agreement. Proceeds from the sale of this issue of common shares will finance approximately half the purchase ...
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