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Biomira Inc. makes announcement.


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)--April 3, 1996--Biomira Inc. announced that it has been advised that Almiria Capital Corp. has made an agreement to sell 5,000,000 Biomira warrants to Yorkton Yorkton, city (1991 pop. 15,315), SE Sask., Canada, NE of Regina. It is a railroad center and has large stockyards, warehouses, a flour mill, brick and cement plants, and a farm-implement plant.  Securities Inc. Yorkton has advised their intention to exercise such warrants which will result in the issue of 5,000,000 common shares with treasury proceeds of $28,750,000 to Biomira.

CONTACT: Biomira Inc.

Jane Jack, Investor Relations Investor relations

The process by which the corporation communicates with its investors.
 Co-ordinator

403/490-2812

or

Ed Taylor, VP Finance and CFO See Chief Financial Officer.  

403/490-2806
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Publication:Business Wire
Date:Apr 3, 1996
Words:82
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