Published on 6/3/2010 in the Prospect News PIPE Daily.
New Issue: YM BioSciences settles $3.18 million private placement of common shares
By Devika Patel
Knoxville, Tenn., June 3 - YM BioSciences Inc. said it settled a $3.18 million non-brokered private placement of stock.
The company sold 2.5 million common shares at $1.27 per share.
Based in Mississauga, Ont., YM develops treatments for cancer.
| Issuer: | YM BioSciences Inc.
|
| Issue: | Common stock
|
| Amount: | $3,175,000
|
| Shares: | 2.5 million
|
| Price: | $1.27
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Settlement date: | June 3
|
| Stock symbol: | NYSE Amex: YMI
|
| Stock price: | $1.32 at close June 2
|
| Market capitalization: | $100 million
|
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