Prometic sets terms for rights offering; shares down 11%

|About: Prometic Life Sciences... (PFSCF)|By:, SA News Editor

Prometic Life Sciences (OTCQX:PFSCF -10.9%) has confirmed the terms of its $75 equity rights offering for Canadian investors.

Stockholders of record on May 21 will have one right per share owned to subscribe for up to 20 common shares at $0.01521 per share.

Proceeds will fund operations.

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