Gemina Laboratories Announces Private Placement
Gemina Laboratories (CSE:GLAB, OCTQB:GLABF) has announced a non-brokered private placement offering of up to 9,333,333 common shares at $0.75 per share, aiming to raise gross proceeds of up to $7,000,000. The funds will be used to accelerate platform development, expand production, support business development and commercialization activities, and provide working capital. The securities issued will have a four-month and one-day statutory hold period in Canada.
Gemina Laboratories (CSE:GLAB, OCTQB:GLABF) ha annunciato un'offerta di collocamento privato non mediato di fino a 9.333.333 azioni ordinarie a 0,75 $ per azione, con l'obiettivo di raccogliere un importo lordo fino a 7.000.000 $. I fondi saranno utilizzati per accelerare lo sviluppo della piattaforma, espandere la produzione, supportare lo sviluppo aziendale e le attività di commercializzazione, e fornire capitale circolante. I titoli emessi avranno un periodo di blocco legale di quattro mesi e un giorno in Canada.
Gemina Laboratories (CSE:GLAB, OCTQB:GLABF) ha anunciado una oferta de colocación privada no mediada de hasta 9,333,333 acciones ordinarias a $0.75 por acción, con el objetivo de recaudar fondos brutos de hasta $7,000,000. Los fondos se utilizarán para acelerar el desarrollo de la plataforma, expandir la producción, apoyar el desarrollo empresarial y las actividades de comercialización, y proporcionar capital de trabajo. Los valores emitidos tendrán un período de retención legal de cuatro meses y un día en Canadá.
제미나 연구소 (CSE:GLAB, OCTQB:GLABF)는 9,333,333주까지의 일반주식을 주당 $0.75에 비중중개를 통한 사모배정 방식으로 공모할 예정이며, $7,000,000의 총 수익을 목표로 하고 있습니다. 이번 자금은 플랫폼 개발을 가속화하고, 생산을 확대하며, 사업 개발 및 상업화 활동을 지원하고, 운영 자본을 제공하는 데 사용될 것입니다. 발행될 유가는 캐나다에서 4개월 1일의 법적 보유 기간을 가집니다.
Gemina Laboratories (CSE:GLAB, OCTQB:GLABF) a annoncé une offre de placement privé non médié de jusqu'à 9 333 333 actions ordinaires au prix de 0,75 $ par action, visant à lever des fonds bruts pouvant atteindre 7 000 000 $. Les fonds seront utilisés pour accélérer le développement de la plateforme, élargir la production, soutenir le développement commercial et les activités de commercialisation, et fournir du fonds de roulement. Les titres émis auront une période de blocage légale de quatre mois et un jour au Canada.
Gemina Laboratories (CSE:GLAB, OCTQB:GLABF) hat eine nicht vermittelte Privatplatzierung von bis zu 9.333.333 Stammaktien zu 0,75 $ pro Aktie angekündigt, mit dem Ziel, brutto bis zu 7.000.000 $ zu beschaffen. Die Mittel werden verwendet, um die Plattformentwicklung zu beschleunigen, die Produktion auszubauen, die Geschäftsentwicklung und die Kommerzialisierungsaktivitäten zu unterstützen und Betriebskapital bereitzustellen. Die ausgegebenen Wertpapiere unterliegen einer gesetzlichen Haltefrist von vier Monaten und einem Tag in Kanada.
- Raising up to $7 million in new capital
- Funds allocated for platform development and production expansion
- Investment in business development and commercialization activities
- Potential dilution of existing shareholders through new share issuance
- Four-month lock-up period for new shares
VANCOUVER, BC / ACCESSWIRE / November 13, 2024 / Gemina Laboratories Ltd. (CSE:GLAB)(FRA:8I7)(OCTQB:GLABF) (the "Company" or "Gemina") is pleased to announce a non-brokered private placement offering (the "Offering") of up to 9,333,333 common shares in the capital of the Company (each, a "Share") at a price of
The net proceeds of the Offering will be used to accelerate the Company's platform development, production expansion, business development and commercialization activities and general working capital and corporate purposes. The securities issued under the Offering will be subject to a statutory hold period in Canada expiring four months and one day from the date of issuance.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
On Behalf of the Board of Directors
John Davies
Chairman
Gemina Laboratories Ltd.
About Gemina Laboratories Ltd.
Gemina Labs is a biosensor and binding technologies company initially focused on the diagnostics industry. Our technologies include transformative, patented, proprietary chemistries that power next generation testing platforms for a wide range of pathogens and other analytes that affect human health and wellness, driving testing platforms that are fast, affordable and accurate, and easily self-administered. More information about Gemina's technology can be found here https://www.youtube.com/@GeminaLaboratories. Additional information on the Company can be found at www.geminalabs.com.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this Release.
Forward Looking Statements
This news release includes forward-looking information and statements, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. Such statements include, without limitation, statements regarding the anticipated proceeds to be raised under the Offering and the use of any proceeds raised under the Offering. Information and statements which are not purely historical fact are forward-looking statements. Forward-looking information and statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking information and statements herein. These risks and uncertainties include delays in obtaining required regulatory approvals for the Offering; market uncertainty; and the inability of the Company to raise the anticipated proceeds under the Offering or use any proceeds raised under the Offering as anticipated. Although the Company believes that any forward-looking information and statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such information and statements, there can be no assurance that any such forward-looking information and statements will prove to be accurate, and accordingly readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance upon such forward-looking information and statements. As such, any forward-looking information and statements herein are made as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking information and statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward looking information and statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.
For more information regarding the Company, please contact:
Brian Firth
Gemina Laboratories Ltd
Email: investor@geminalabs.com
SOURCE: Gemina Laboratories Ltd.
View the original press release on accesswire.com
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