Northwire Canada EditionSaturday, October 17, 2026
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GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
Financings

Hemostemix to Attend DFCon San Antonio and Closed its Private Placement

HEM · Price

Executive Summary

  • Hemostemix announced participation in DFCon 2025, a major diabetic foot care conference, highlighting Phase II clinical trial results for its VesCell™ (ACP‑01) therapy.
  • The TSX Venture Exchange approved a non‑brokered private placement of $518,440 for 520,090 units at $0.11 per unit, each unit consisting of one common share and one warrant to purchase an additional share at $0.15 for two years (with accelerated expiry provisions).
  • Clinical data presented show a statistically significant reduction in ulcer size and lower amputation/death rates versus placebo, supporting the commercial potential of VesCell™.

Key Details

  • Conference Participation
  • Hemostemix will exhibit at DFCon 2025 in San Antonio, Texas (Friday‑Sunday), engaging clinicians and researchers on ACP‑01 outcomes.
  • CEO Thomas Smeenk highlighted Phase II results: 83% limb preservation, ulcer size reduction from 146 mm² to 0.48 mm² (p = 0.01) at 3 months for treated patients versus no significant change in placebo.

  • Financing – Private Placement

  • Total gross proceeds: $518,440.
  • Units offered: 520,090, each at $0.11 per unit.
  • Composition of each Unit:
    • 1 common share.
    • 1 common share purchase warrant (right to acquire one additional common share at $0.15 per share for two years from closing).
  • Accelerated expiry clause: If, after four months + 1 day, the TSX‑V exchange price exceeds a weighted average of $0.185 for ten consecutive trading days, the company may accelerate warrant expiry to 30 days after a press release.
  • This placement adds to a previously announced closing of 4,193,000 units.

  • Clinical Highlights (Phase II)

  • Study size: 21 treated vs. 8 placebo subjects.
  • Mortality: 0% in treated group vs. 12.5% in placebo.
  • Amputation rate: 4.8% (treated) vs. 25% (placebo).
  • Ulcer size reduction (treated): mean from 146 mm² to 0.48 mm² (p = 0.01) by three months.
  • No significant ulcer size change in placebo (p > 0.54).

  • Forward‑Looking Statements

  • Company references ongoing Phase I trials for vascular dementia and further commercialization efforts, including compassionate use under Florida SB 1768.

Notable Quotes

  • “VesCell saves diabetic limbs from amputation, and that saves lives,” – Thomas Smeenk, CEO.

Materiality Assessment: Material – Positive (significant financing to fund operations and clinically meaningful trial results supporting product commercialization).

Read the original news release →

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