Cardiol Therapeutics Closes CDN$10.5 Million Private Placement

17:24 EDT 24 May 2018 | Investing News Network

Cardiol Therapeutics Inc. ("Cardiol" or the "Company"), a nanotherapeutics company focused on advancing the treatment of heart failure by developing proprietary formulations designed to deliver cannabinoids and other drugs to inflamed tissue in the heart, is pleased to announce the successful closing of a brokered private placement (the "Private Placement") of approximately CDN$10.5 million principal amount of unsecured convertible debentures of the Company. AltaCorp Capital Inc. acted as exclusive financial advisor to the Company and sole agent on the Private Placement.

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Original Article: Cardiol Therapeutics Closes CDN$10.5 Million Private Placement

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