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MedicX Fund Raises GBP835,000 From Share Sale

Thu, 10th Apr 2014 12:33

LONDON (Alliance News) - MedicX Fund Ltd Thursday said it has sold 1.0 million shares out of Treasury for 83.50 pence each, as it moved to raise funds to pursue its investment objectives.

The fund raised GBP835,000 from the share sale before expenses.

MedicX shares were Thursday quoted at 83.75 pence, up 1.2%.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright © 2014 Alliance News Limited. All Rights Reserved.

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