XORTX Therapeutics Announces US$1.1 Million Registered Direct Offering

Reuters
2025.10.23 10:04
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XORTX Therapeutics Inc. has announced a registered direct offering of approximately US$1.1 million through a securities purchase agreement with an institutional investor. The offering includes 1,746,631 common shares priced at US$0.63 each, with proceeds intended for working capital and general corporate purposes. D. Boral Capital LLC is the sole placement agent, and the offering is subject to customary closing conditions and TSX Venture Exchange approval.