The Toronto Stock Exchange reports that Burcon NutraScience Corp. will list an additional 7,419,800 shares at the open on Feb. 19, 2020. According to the TSX, the company has filed a short form prospectus dated Feb. 12, 2020, for an offering of 7,419,800 units at $1.55 per unit.
As stated in the prospectus, each unit will consist of one share and one-half warrant of the company. Each whole warrant will be exercisable at $2 per share for 24 months following the closing of the offering. The warrants underlying the units will not be listed and posted for trading on the TSX.
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