Gemina Laboratories Announces Private Placement to Raise $7 Million

Gemina Laboratories Ltd., a company listed on the CSE under the ticker GLAB, has launched a non-brokered private placement offering. This initiative aims to release up to 9,333,333 common shares priced at $0.75 each, potentially raising gross proceeds of $7 million.

The funds will be allocated towards advancing Gemina's platform development, production expansion, business development, and commercialization, as well as for general corporate purposes. The issued securities will have a hold period in Canada for four months and a day from issuance.

This offering is not accessible to U.S. persons as the securities are not registered under the U.S. Securities Act of 1933. Gemina emphasizes the potential risks and uncertainties associated with the offering, advising careful consideration by investors.