RICHMOND, British Columbia, Jan. 19, 2010 (GLOBE NEWSWIRE) -- BioCurex Inc. (OTCBB:BOCX) announced today that its registration statement covering the sale of 1.2 million units has been declared effective by the U.S. Securities and Exchange Commission. The public offering price of the units is $5.00 per unit, each consisting of 70 shares of the company’s common stock and 70 five-year redeemable common stock purchase warrants, or 84,000,000 shares and 84,000,000 warrants in the aggregate. The shares and the warrants included in the units will be quoted separately on the Over-the-Counter Bulletin Board under the symbols BOCX and BOCXW, respectively. Trading in the warrants is subject to clearance by the Bulletin Board, which is expected by January 20, 2010. The managing underwriter of the offering is Paulson Investment Company, Portland, Oregon. The closing of the offering is expected to occur on Friday, January 22, 2010.
