On February 19, 2020, StageZero Life Sciences Ltd. (“StageZero”, or the “Company”) (TSXV: SZLS) announced the final closing of its non-brokered private placement offering of convertible debentures (each a “Debenture”) for gross proceeds of $1,180,000.
StageZero was represented by WeirFoulds LLP, with a team consisting of Rob Eberschlag, Aashima Singh (securities), Dan Thomson (financial services), and Claire Davis (articling student).
The Debentures, issued in increments of $1,000, bear interest at a rate of 6% per annum, have a term of 18 months from the date of issue and are convertible into units. Each Unit consists of one common share of the Company and one-half of a common share purchase warrant.
StageZero is a Canadian company which is focused on developing and commercializing proprietary molecular diagnostic tests for early detection of diseases and personalized health management, with a primary focus on cancer-related indications.
WeirFoulds is pleased to have assisted StageZero in the transactions.
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