ProtoKinetix Inc. Announces Share Issuance And Closing Of West Vancouver Office

ST. MARYS, W. Va.--(BUSINESS WIRE)--ProtoKinetix, Incorporated (OTC:PKTX) (www.protokinetix.com) (the “Company” or “ProtoKinetix”) announces that it has entered into an agreement with Clarence E. Smith, the Company’s President and CEO, pursuant to which Mr. Smith has agreed to purchase 15,000,000 shares of common stock of the Company at a price of $0.025 per share, representing aggregate total proceeds of $375,000, a portion of which had been advanced by Mr. Smith previously to the Company to pay Company expenses.

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