Helix BioPharma Corp. announced it has closed a private placement financing of 5,042,016 units of the Company at a price of $1.0332 per Unit, and the concurrent disposition of 1,708,023 shares of the Company’s Polish subsidiary, Helix Immuno-Oncology S.A., to a third-party purchaser, representing an 15.5% equity stake in HIO, for aggregate gross proceeds of CAD $6,000,000, or $1.19 per Purchased Security.
March 12, 2020
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