IntelGenx Extends Period to Exercise Certain Warrants
April 27 2023 - 3:30PM
IntelGenx Technologies Corp. (TSX: IGX) (OTCQX: IGXT) (the
“
Company” or “
IntelGenx”)
announces that it has received conditional approval from the
Toronto Stock Exchange to extend the expiry date of warrants
originally issued to Cantone Research Inc. on August 5, 2021 (the
“
Broker Warrants”). The 613,000
Broker Warrants are exercisable for shares of common stock of the
Company (the “
Shares”) at a price of US$0.40 per
Share and are set to expire on August 4, 2023.
Effective May 8, 2023, the expiry date of such
Broker Warrants will be extended by an additional 12 months to
August 4, 2024. All other terms of the Broker Warrants, including
the exercise price, remain unchanged.
The Company and Cantone Research Inc. are
dealing at arm’s length.
About IntelGenx
IntelGenx is a leading drug delivery company
focused on the development and manufacturing of pharmaceutical
films.
IntelGenx’s superior film technologies,
including VersaFilm® , DisinteQ™ , VetaFilm™ and transdermal
VevaDerm™ , allow for next generation pharmaceutical products that
address unmet medical needs. IntelGenx’s innovative product
pipeline offers significant benefits to patients and physicians for
many therapeutic conditions.
IntelGenx’s highly skilled team provides
comprehensive pharmaceuticals services to pharmaceutical partners,
including R&D, analytical method development, clinical
monitoring, IP and regulatory services. IntelGenx'’s
state-of-the-art manufacturing facility offers full service by
providing lab-scale to pilot- and commercial-scale production. For
more information, visit www.intelgenx.com.
Forward-Looking Information and
Statements
This document may contain forward-looking
information about IntelGenx’s operating results and business
prospects that involve substantial risks and uncertainties.
Statements that are not purely historical are forward-looking
statements within the meaning of Section 21E of the Securities
Exchange Act of 1934, as amended, and Section 27A of the Securities
Act of 1933, as amended. These statements include, but are not
limited to, statements about IntelGenx's plans, objectives,
expectations, strategies, intentions or other characterizations of
future events or circumstances and are generally identified by the
words”may,” “expects,” “anticipates,” “intends,” “plans,”
“believes,” “seeks,” “estimates,” “could,” “would,” and similar
expressions. All forward looking statements are expressly qualified
in their entirety by this cautionary statement. Because these
forward-looking statements are subject to a number of risks and
uncertainties, IntelGenx’s actual results could differ materially
from those expressed or implied by these forward-looking
statements. Factors that could cause or contribute to such
differences include, but are not limited to, those discussed under
the heading “Risk Factors” in IntelGenx’s annual report on Form
10-K, filed with the United States Securities and Exchange
Commission and available at www.sec.gov, and also filed with
Canadian securities regulatory authorities at www.sedar.com.
IntelGenx assumes no obligation to update any such forward-looking
statements.
Source: IntelGenx Technologies Corp.
For more information, please
contact:
Stephen KilmerInvestor Relations(514) 331-7440
ext 232stephen@intelgenx.com
Or
Andre Godin, CPA, CAPresident and CFOIntelGenx
Corp.(514) 331-7440 ext 203andre@intelgenx.com
Intelgenx Technologies (TSX:IGX)
Historical Stock Chart
From Oct 2024 to Nov 2024
Intelgenx Technologies (TSX:IGX)
Historical Stock Chart
From Nov 2023 to Nov 2024