18th March 2021
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Small Pharma Ltd and Unilock Capital Corp. have announced the closing of the brokered private placement of subscription receipts of Small Pharma Financing Inc., a special purpose British Columbia company incorporated solely for the purpose of the Financing, at a price of CAD$0.96 per Subscription Receipt for aggregate gross proceeds of CAD$58,000,000, with substantial U.S., UK and Canadian institutional investor support, including significant participation from leading biotech funds.
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