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home / news releases / PSYCF - Psyched Wellness upsizes offering for gross proceeds of C$5.5M

PSYCF - Psyched Wellness upsizes offering for gross proceeds of C$5.5M

Psyched Wellness Ltd
Psyched Wellness (PSYCF) agrees to increase the size of its previously announced bought deal private placement.The underwriters to purchase an aggregate of ~17.75M units at a price of C$0.31 per unit.Gross proceeds of ~C$5.5M.Underwriters' option to purchase up to an additional 3.55M units.Proceeds will be to fully fund the pre-clinical trials of our Amanita Muscaria extract, AME-1 and to continue our scientific research of AME-1 and its potential benefits for people suffering from serious mental and physical health issues and for general corporate purposes.

For further details see:

Psyched Wellness upsizes offering for gross proceeds of C$5.5M
Stock Information
Company Name: Psyched Wellness Ltd
Stock Symbol: PSYCF
Market: OTC
Website: psyched-wellness.com
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