IHL 0.00% 4.1¢ incannex healthcare limited

Ann: Quarterly Update and Appendix 4C, page-43

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    Following today’s update Cannvalate have invested $980,000 total and own 32 million IHL shares.

    In order to exercise the remaining options Cannvalate would need to invest a further $9,120,000 and the last series has an exercise price of 14c.

    If one or more of these 4 clinical trials are successful they are going to make a significant amount of money with this equity.
 
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