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Oncothyreon files $150 million shelf covering stock, preferreds, debt
By Devika Patel
Knoxville, Tenn., Dec. 23 - Oncothyreon Inc. filed a $150 million shelf registration in an S-3 filing with the Securities and Exchange Commission.
The registration covers common stock, preferred stock, debt securities, depositary shares and warrants.
The securities may be structured as convertibles.
Proceeds will be used to fund clinical trials, to finance capital expenditures and capacity expansions and for general corporate purposes and working capital.
Oncothyreon is an Edmonton, Alta., biotechnology company.
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