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#ASX Announcements
stale
Added 2 years ago

$12mill capital raising at $0.022 per share RMW Cho Group to co-develop Photosoft technology for cancer indications, supplying products to Invion at 'arm's length prices'

This placement includes 1 free option per 2 new share subscribed exercisable at 4 cents expiring 18mths hence.

In parallel, Invion announced a share purchase plan to raise up to $3mill at $0.022 per share, participants also offered the Option offer above. SPP results to be announced 8 Dec 21.

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#ASX Announcements
stale
Added 2 years ago

Further to the straw from lamits below, this is VERY exciting in my view. I'm a long-term holder of IVX in my SMSF and due to the almost 65% SP increase at time of writing looks like we will now be able to add to our Strawman portfolios. Invion is a world leader in PhotoDynamic therapies for cancer.

More on PDT here... https://inviongroup.com/company-pipeline/overview-of-pdt/

Today's announcement just a step on a long-term path ahead but outstanding step on that apth.

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