21:10:48 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



Sirona Biochem Corp
Symbol SBM
Shares Issued 255,129,505
Close 2024-04-04 C$ 0.07
Market Cap C$ 17,859,065
Recent Sedar Documents

Sirona Biochem closes $132,500 private placement

2024-04-04 23:27 ET - News Release

Mr. Christopher Hopton reports

SIRONA BIOCHEM ANNOUNCES CLOSE OF PRIVATE PLACEMENT

Sirona Biochem Corp. has closed its private placement for gross proceeds of $132,500. The private placement consists of 1,325,000 units at a price of 10 cents per unit. Each unit consists of one common share and one transferable share purchase warrant, each whole warrant exercisable into one additional common share of the company for a period of two years from the date of issue at a price of 15 cents per share in year one and 25 cents per share in year two. All securities issued under the private placement are subject to statutory hold periods expiring on Aug. 4, 2024.

Proceeds will be used for general working capital purposes.

No insiders participated in the private placement.

No finders' fees were paid from the private placement.

About Sirona Biochem Corp.

Sirona Biochem is a cosmetic ingredient and drug discovery company with a proprietary platform technology. Sirona Biochem specializes in stabilizing carbohydrate molecules with the goal of improving efficacy and safety. New compounds are patented for maximum revenue potential.

Sirona Biochem's compounds are licensed to leading companies around the world in return for licensing fees, milestone fees and continuing royalty payments. Sirona Biochem's laboratory, TFChem, is located in France, and is the recipient of multiple French national scientific awards and European Union and French government grants.

We seek Safe Harbor.

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