Wednesday, February 8, 2012

Resverlogix in $25 million standby financing

Resverlogix in $25 million standby financing

December 16, 2009 by · Leave a Comment 

Resverlogix has signed a standby equity distribution agreement with YA Global Master SPV, a fund managed by Yorkville Advisors, which gives Resverlogix an option to sell up to $25-million of common shares to YA. “This agreement will provide Resverlogix with the flexibility to draw strategic amounts of capital at its discretion,” Resverlogix CEO Donald McCaffrey [...]