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Halsey Drug (HDGC) Announces Expansion Of 2004 Financing


10/19/2005 5:08:41 PM

Halsey Drug Co., Inc. (OTC.BB:HDGC) today announced it has issued a total of $14.0 million in convertible debentures pursuant to the Debenture and Share Purchase Agreement executed by the Company in February 2004. The Company also announced that the terms of the Debenture and Share Purchase Agreement have been amended to increase the principal amount of debentures issuable by the Company from $14.0 million to $17.5 million and the time to complete this additional financing has been extended from June 5, 2004 to June 30, 2004.

Read at BioSpace.com


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