NeuroThera Labs raises C$ 2.7 million in first tranche of non-brokered private placement at C$ 0.12 per unit

Reuters2026/08/12 21:01

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NeuroThera Labs closed a first tranche of a non-brokered private placement, raising C$ 2.7 million.
Issued 22,500,000 units at C$ 0.12; each unit includes one common share, one non-transferable unit warrant.
Unit warrants exercise at US$ 0.12 per share until Aug. 12, 2029; 50% may accelerate on a Nasdaq listing.
Proceeds earmarked for working capital, transaction evaluation, liability settlement, repayment of debt owed to SciSparc.
Paid C$ 222,750 in finder’s fees; issued 2,812,500 common shares as finder compensation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Neurothera Labs Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202608121700TNWSWRCACNPR_____1LymFMZe7) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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NeuroThera Labs raises C$ 2.7 million in first tranche of non-brokered private placement at C$ 0.12 per unit

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