Financings
Hemostemix Closes $480,000 Private Placement at $0.12 per Share

HEM · Price
Executive Summary
- Hemostemix Inc. closed a non‑brokered private placement raising CDN $480,000 by issuing 4,000,000 common shares at $0.12 per share.
- Proceeds will be used for general working capital, specifically to advance regulatory, clinical and commercialization initiatives for the ACP‑01 (VesCell) autologous angiogenic cell therapy platform.
- All issued securities are subject to a statutory hold period and the placement remains pending final acceptance by the TSX Venture Exchange.
Key Details
- Gross proceeds: CDN $480,000.
- Shares issued: 4,000,000 common shares.
- Price per share: $0.12 CAD.
- Placement type: Non‑brokered private placement (non‑institutional investors).
- Use of proceeds: General working capital; funding regulatory filings, clinical trial activities, and commercialization efforts for ACP‑01 (VesCell).
- Statutory hold period: Shares subject to hold in accordance with securities laws and TSXV policies.
- TSXV acceptance: Placement pending final acceptance by the Toronto Stock Exchange Venture Board.
Notable Quotes
(No direct quotes were provided in the release.)
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