XOMA (US) LLC Enters Into $30 Million Committed Equity Financing Facility

BERKELEY, Calif., July 23, 2010 (GLOBE NEWSWIRE) -- XOMA Ltd. (Nasdaq:XOMA) today announced that it has entered into a committed equity financing facility under which it has the option to sell up to $30 million of its registered common shares to Azimuth Opportunity Ltd. over a 12-month period. XOMA is not obligated to utilize any of the facility and remains free to enter other financing transactions.

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