MonoGen, Inc. (“Corporation”)(TSX:MOG) today announced that it is has entered into the agreements required to implement the previously announced consolidation of its operations into new facilities in the Greater Chicago area and the repatriation of the manufacturing rights of its MonoPrep Processor. As consideration for the execution of the agreements, the Corporation issued 600,000 common share purchase warrants to corporations controlled by Siegfried Weiler, its largest shareholder. The warrants have a five-year term with an exercise price of US$1.19.
