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Message: Courtesy

Excellent post, tada.

I think that has been working with two scenarios - the preferred one being some sort of partnering/regional deal, the alternative being a loan extension combined with a private placement. 

I consider it a possibility that the above alternative could be a confidential deal with Eastern/Hepalink involving them in the financing at the very last moment if there is no partnering/regional deal. The reason we haven't heard about this deal may be due to confidentiality reasons - primarily because the pricing of the private placement will be based on the current share price. If the market knew for a fact that a financing would take place, the PPS would be considerably higher. Since a higher PPS would not be in the interest of the parties taking part in the upcoming financing, Eastern/Hepalink/others(?) have made it a condition that RVX keeps the agreement confidential, thus keeping us in the dark.

I expect:

  1. To hear about the financing on Friday
  2. That there is a private placement as part of the financing - probably also a loan extension (paid for with warrants)
  3. That the pricing of the shares in the private placement is based on the most recent trading (not necessarily without premium or discounts).
  4. That there is a follow up news release on Monday describing the highlights of RVX sponsored session at the upcoming ESC congress

This, of course, it just my humble opinion. Please do you own due diligence.

GLTA

BKC

 

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