04:47 PM EDT, 07/23/2024 (MT Newswires) -- BioVaxys Technology ( BVAXF ) said Tuesday it is raising up to $0.5 million in a non-brokered private placement of 10-million share units priced at $0.05 per unit.
Each unit is made up of a share and a two-year warrant to buy a second share for $0.15.
The company intends to use the proceeds for general working capital purposes.