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Consegna Group To Be Issued 100m Shares In Imugene Limited

Consegna Group (ASX:CGP) has reported that shareholders of Imugene Ltd (ASX:IMU) have approved a resolution to issue 100,000,000 Imugene shares to Consegna as consideration for the acquisition of Lingual Consegna Pty Ltd by Imugene.

Lingual Consegna is a wholly owned subsidiary of Consegna, owns the rights to a family of patents /patent applications that protect the core delivery drug platform (Linguet) that has applications in the human and animal pharmaceutical and nutraceutical industries.

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