Khiron Life Sciences closes bought deal financing

1 minute read
26 November 2020


On November 26, 2020, Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQB: KHRNF) (Frankfurt: A2JMZC), a vertically integrated cannabis leader with core operations in Latin America and Europe, closed its previously announced "bought deal" short form prospectus offering of units, including the exercise in full of the over-allotment option.

A total of 32,200,000 units were sold for aggregate gross proceeds of $14,490,000 including the exercise in full of the over-allotment option. The offering was completed by a syndicate of underwriters led by Canaccord Genuity Corp., including ATB Capital Markets Inc. and Leede Jones Gable Inc.

Gowling WLG advised Khiron in this offering with a team that included Peter Simeon, Marek Lorenc, Stephen Franchetto and Howard Xi.

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