Biomira Inc. -- Almiria share distribution announced.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)--May 3, 1996--Biomira Inc. (TSE/ME:BRA, NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BIOMF) announced that Almiria Capital Corp., a Montreal-based venture capital company, has distributed its five million common shares of Biomira to its shareholders. The share distribution to Almiria shareholders does not affect the total outstanding common shares of Biomira which remain at 38.4 million. "Some of Canada's largest pension funds and institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. are represented in the Almiria group. This distribution broadens our institutional shareholder support without diluting our existing shareholder base," said Biomira's Vice President and Chief Financial Officer, Ed Taylor. "Almiria is a venture capital company and such distributions are made from time to time in the ordinary course of its business. Almiria remains supportive of Biomira and its efforts. Mr. Eric E. Baker, President of Almiria and Mr. Robert Mee, Vice President, will continue to serve as Directors of Biomira," said Almiria's Vice President of Finance, Mr. Chris Winn Christopher Cameron Tennyson Winn (born December 31, 1983) has been involved in technology and politics since 2003, when he built Senator John Edwards' presidential campaign blog and web site. He is currently the president of Chris Winn Consulting and manages ChicagoGigs.com. . Biomira is a biotechnology company specializing in developing novel diagnostic and therapeutic approaches for CANCER MANAGEMENT ... from discovery to recovery (TM). This commitment to the diagnosis and treatment of cancer involves the development of blood tests and imaging agents for the detection of cancer recurrence recurrence /re·cur·rence/ (-ker´ens) the return of symptoms after a remission.recur´rent re·cur·rence n. 1. , a test to evaluate patients' immune status, and non-toxic therapeutic vaccines therapeutic vaccine Immunology A vaccine–eg, Salk's Remune™ intended to treat a viral infection by stimulating the immune system. See Vaccine therapy. and cellular therapies for the treatment of cancer. CONTACT: Biomira Inc. Jane Jack, 403/490-2812 |
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