PER 3.90% 8.0¢ percheron therapeutics limited

The comment about government funding is a little vague - to my...

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    The comment about government funding is a little vague - to my reading, could mean for the lot, or as a supplement to other forms of finance. Note that CP's research of funding possibilities describes Vic govt grants, whereas the funding described by ANP more likely references Federal funding and so could well be at a higher rate...

    "Discussions with third parties continue on the sourcing of additional capital to support the conduct of
    the study later in the year when the additional funding to supplement current cash reserves will be
    required. As noted at the Company’s 2021 Annual General Meeting, the additional funding may be
    accessed through equity, debt via a loan or convertible instrument, partnering and collaboration
    initiatives or a mix thereof. The Company will update the market upon confirmation of such additional
    funding. The Company has also made an application to a government investment program for funding
    of the clinical trial and will advise the market should its application be successful.
 
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