BIOMIRA RIGHTS OFFERING RAISES $26.6 MILLION.EDMONTON Edmonton (ĕd`məntən), city (1991 pop. 616,741), provincial capital, central Alta., Canada, on the North Saskatchewan River. The center of the largest metropolitan area in Alberta, Edmonton, known as the "Gateway to the North," is located , ALBERTA--(BUSINESS WIRE)--June 7, 1995--Biomiria Inc. today announced that its offering by prospectus dated May 1, 1995 of rights to subscribe for Units (each consisting of one Common Share and one Warrant to purchase a Common Share) resulted in the Company receiving subscriptions for 7,392,514 Units and gross proceeds of C$26,613,050.40. Included in the foregoing numbers and pursuant to the previously announced Rights Offering Agreement between Almiria Capital Corp. ("Almiria") and Biomira, 5,000,000 Units are to be acquired by Almiria for C$18,000,000. Upon the closing of the Rights Offering, Almiria will hold approximately 16.7% of the Company's issued and outstanding Common Shares. This successful Rights Offering will assist in funding the ongoing development of our products and costs of clinical trials and regulatory approvals relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc these products," said Alex (language) Alex - 1. A polymorphic language being developed by Stephen Crawley <sxc@itd.dtso.oz.au> of Defence Science & Tech Org, Australia. Alex has abstract data types, type inference and inheritance. 2. Biomira is a biotechnology company developing an integrated line of products for the diagnosis and treatment of cancer. CONTACT: Biomiria Inc. Jane Jack, 403/490-2812 |
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