IntelGenx Receives Final Approval to Graduate to Toronto Stock Exchange
05 Octobre 2021 - 8:15PM
IntelGenx Technologies Corp. (TSXV: IGX) (OTCQB: IGXT)
(“
IntelGenx” or ”the “
Company”)
announces that it has received final approval to graduate to the
Toronto Stock Exchange (the “
TSX”) from the TSX
Venture Exchange (the “
TSXV”). The Company’s
shares of common stock (the “
Common Shares”),
8% convertible debentures with a maturity date of June 30, 2022
(the “
Convertible Debentures”), and share
purchase warrants expiring on February 11, 2023
(the “
Warrants”) are expected to commence
trading on the TSX at market open on Thursday, October 7, 2021
under the existing stock symbols “IGX”, “IGX.DB” and “IGX.WT”,
respectively.
“The TSX is Canada's most prestigious and senior
exchange,” commented Dr. Horst G. Zerbe, CEO of IntelGenx. “This
graduation marks an important milestone for IntelGenx, and we
believe that it will help us develop a stronger profile in the
investment community.”
The Common Shares, Convertible Debentures and
Warrants will be delisted from the TSXV concurrently with the
commencement of trading on the TSX. Holders of Common Shares,
Convertible Debentures and Warrants are not required to take any
action in connection with the graduation.
About IntelGenx
IntelGenx is a leading drug delivery company
focused on the development and manufacturing of pharmaceutical
films.
IntelGenx’s superior film technologies,
including VersaFilm®, DisinteQ™, VetaFilm™ and transdermal
VevaDerm™, allow for next generation pharmaceutical products that
address unmet medical needs. IntelGenx’s innovative product
pipeline offers significant benefits to patients and physicians for
many therapeutic conditions.
IntelGenx's highly skilled team provides
comprehensive pharmaceuticals services to pharmaceutical partners,
including R&D, analytical method development, clinical
monitoring, IP and regulatory services. IntelGenx's
state-of-the-art manufacturing facility offers full service by
providing lab-scale to pilot- and commercial-scale production. For
more information, visit www.intelgenx.com.
Forward-Looking Information and
Statements
This document may contain forward-looking
information or forward-looking statements within the meaning of
applicable United States and Canadian securities laws
(collectively, “forward-looking statements”). These statements are
statements that are not purely historical and include, but are not
limited to, the timing and process for delisting the Company’s
Common Shares, Convertible Debentures and Warrants from the TSXV
and listing the Common Shares, Convertible Debentures and Warrants
on the TSX. All forward-looking statements are expressly qualified
in their entirety by this cautionary statement. Because these
forward-looking statements are subject to a number of risks and
uncertainties, IntelGenx's actual results could differ materially
from those expressed or implied by these forward-looking
statements.
Factors that could cause or contribute to such
differences include, but are not limited to, the factors discussed
under the heading “Risk Factors” in IntelGenx’s annual report on
Form 10-K, filed with the United States Securities and Exchange
Commission and available at www.sec.gov, and also filed with
Canadian securities regulatory authorities and www.sedar.com.
Although the Company believes that the
expectations and assumptions on which forward-looking statements
are based are reasonable, readers of this press release are
cautioned not to rely unduly on such forward-looking statements
since no assurance can be given that they will prove to be correct.
The Company does not undertake any obligation to update or revise
any forward-looking statements, whether as a result of events or
circumstances occurring after the date of this press release,
unless so required by legislation.
Each of the TSX Venture Exchange and OTCQB has
neither approved nor disapproved the contents of this press
release. Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
No securities regulatory authority has either
approved or disapproved of the contents of this press release. This
press release does not constitute an offer to sell or a
solicitation of an offer to buy any securities of the Company in
any jurisdiction in which such offer or solicitation of sale would
be unlawful.
For more information, please
contact:
Stephen KilmerInvestor Relations(647)
872-4849stephen@kilmerlucas.com
Or
Andre Godin, CPA, CAPresident and CFOIntelGenx
Corp.(514) 331-7440 ext 203andre@intelgenx.com
Intelgenx Technologies (TSXV:IGX)
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