TORONTO, April 12 /CNW/ - BCY LifeSciences Inc., (BCY) (TSX-VEN: BCY)
today reported that it has agreed to complete a private placement of
20 million units at five cents per unit. Each unit will consist of a common
share and a share purchase warrant entitling the holder to acquire an
additional common share at ten cents per share for two years. A finder's fee
of 7% will be payable on a portion of the private placement in accordance with
TSX Venture Exchange ("Exchange") policies.
