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Accesswire
11 days ago
Onco-Innovations Announces Non-Brokered LIFE Offering
Not for distribution to United States wire services or for dissemination in the United States VANCOUVER, BC / ACCESS Newswire / June 19, 2026 / Onco-Innovations Limited (CBOE:ONCO) ("Onco" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement (the "Private Placement") of units of the Company (each, a "Unit"), pursuant to which it will offer 6,764,069 Units at a price of CAD$0.7392 per Unit for aggregate gross proceeds of approximately CAD$5,000,000 pursuant to the Listed Issuer Financing Exemption (as defined below). Each Unit is comprised of one common share (each a "Share") and one common share purchase warrant (a "Warrant"), with each Warrant entitling the holder to purchase one Share at a price of CAD$0.90 for a period of three years following the closing date of the Private Placement, which is expected to occur on or about July 10, 2026, subject to certain conditions, including the receipt of all necessary regulatory approvals, including the approval of Cboe Canada Inc. (the "Cboe").