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News: MGZ Medigard Says Company Envisages Raising Capital In Near Term

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    11/12/18
    12:35
    Post #: 36818215

    Dec 11 (Reuters) - Medigard Ltd (MGZ) :

    • ACTIVITIES FOR FURTHER STAGES OF KT009 PROGRAM WILL REQUIRE FURTHER FUNDING ESTIMATED AT AROUND $15 MILLION
    • CO HAS LIMITED CASH ON HAND AND A CONVERTIBLE NOTE OBLIGATION, SO COMPANY ENVISAGES RAISING CAPITAL IN NEAR TERM
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