M Pharmaceutical Inc. Announces Repricing and Extension of Warrants



CINCINNATI, OHIO (FSCwire) - M Pharmaceutical Inc. (CSE: MQ, OTCQB: MPHMF, FWB: T3F2), (the "Company" or “M Pharma”), announced today that, subject to stock exchange approval,  it has repriced from $0.05 to $0.04 per share, 57,838,619 warrants  expiring on June 27 and June 30, 2017 and extended the expiry date on these warrants to August 15, 2017.

 

It has also repriced to $0.04 for the same period ending August 15, 2017, 4,459,596 $0.10 warrants expiring on October 27, 2017, 6,774,640 $0.08 warrants expiring September 7, 2017 and  1,678,000 $0.08 warrants expiring September 20, 2017.

 

About M Pharmaceutical Inc.

 

Formed in early 2015, M Pharmaceutical Inc. is a clinical-stage company developing innovative technologies for obesity, weight management and female health & wellness.  In addition to its recent acquisitions of C-103, a reformulation of orlistat, and assets from 40J’s LLC, the Company is scheduled to launch their FDA cleared fertility product branded as ToConceive in July of this year.

 

 M Pharma trades on the Canadian Securities Exchange (CSE) under the ticker symbol “MQ” as well as on the OTCQB as “MPHMF” and FWB (Frankfurt Stock Exchange) as “T3F2.”

   

For more information contact:

Investor Relations

Phone: +1 604 428 0511          

info@m-pharma.ca

www.m-pharma.ca

 

Notice regarding Forward Looking Statements: This news release contains forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. This news release includes forward-looking statements with respect to the regulatory approval,  commercialization of the rights to the Company’s biomedical & drug technologies, and acquisition of new products.  Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this news release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents which can be found under the Company's profile on www.sedar.com and the Company’s filings to the CSE at www.cnsx.ca .  Such risk factors may cause the inability of the Company to successfully commercialize any of its biomedical technologies.

 

Notice regarding investigational devices: C-103 and Trimeo are investigational drugs or devices and are not currently available outside of approved clinical trials.  Claims regarding the safety and efficacy of these devices have not been evaluated by Health Canada, the U.S. Food and Drug Administration, or any other international regulatory body.



To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/mpharm06212017.pdf

Source: M Pharmaceutical Inc. (CSE:MQ, OTCQB:MPHMF, FWB:T3F2.F)

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