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IN BRIEF: DiscovOre to change name to Oscillate; broaden strategy

Tue, 13th Jul 2021 18:16

DiscovOre PLC - London-based medical cannabis investor - Will change name to Oscillate PLC once Companies House has issued a certificate of the change of name. Company will trade on the Aquis Stock Exchange Growth Market under the MUSH ticker.

Further, investment strategy will be broadened to include investments in medical psychedelic opportunities, meaning the strategy will cover medical psychedelics and medical cannabis.

In addition, enters period of exclusivity on conditional investment agreement with Sirgartan Therapeutics - which is developing a glutamatergic therapy that could make a significant difference in the treatment of obsessive-compulsive disorder.

Current stock price: 2.25 pence

Year-to-date change: down 10%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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