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BRIEF-Cantargia announces rights issue of about SEK 91 million
December 20, 2016 / 7:45 AM / 8 months ago

BRIEF-Cantargia announces rights issue of about SEK 91 million

Dec 20 (Reuters) - Cantargia AB :

* Announces rights issue of about 91 million Swedish crowns ($9.70 million)

* Subscription price is 6.50 crowns per share

* Issue is guaranteed up to 80 percent

* Issue runs from Jan. 23 to Feb. 6, 2017

* To use proceeds to finance company during next 18 months to enable further development of Can04 Source text for Eikon: Further company coverage: ($1 = 9.3841 Swedish crowns) (Gdynia Newsroom)

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