ARTICLE | Financial News

Oncolytics raises C$25 million

October 30, 2010 12:55 AM UTC

Oncolytics Biotech Inc. (TSX:ONC; NASDAQ:ONCY) raised C$25 million ($24.5 million) through the sale of 5.4 million units at C$4.60 in a follow-on. Each unit comprises one common share and a two-year warrant to purchase 0.5 shares, with each whole share warrant exercisable at C$6.15. The underwriters were not disclosed. ...