Vancouver, British Columbia–(Newsfile Corp. – December 31, 2024) – Defence Therapeutics Inc. (CSE: DTC) (OTCQB: DTCFF) (FSE: DTC) (“Defence” or the “Company”), a Canadian biopharmaceutical company developing radiopharmaceuticals and ADC products using its proprietary platform and drug delivery technologies in addition to novel immune-oncology vaccines, is pleased to announce a non-brokered private placement of up to $4.2 million at $0.60 per unit comprising of up to seven million units (each, a “Unit”) of the Company.
Each Unit is comprised of one common share in the capital of the Company and one common share purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder thereof to acquire one additional common share at a price of $0.75 per common share for a period of 24 months of the closing date (the “Offering”).
The Company intends to use the net proceeds to…
