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Posted by
Two Blokes Jul 25 -
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Algernon Pharmaceuticals Inc. (CSE:AGN, OTCQB:AGNPF), a Canadian clinical-stage drug development company, said it has closed the second tranche of a non-brokered private placement, raising total gross proceeds of C$761,000 from the sale of subscription receipts. The financing, first announced on May 27 and updated on June 30, includes C$90,000 from company insiders.