ZYUS Announces Concurrent Private Placement of Subscription Receipts in Connection With Previously Announced RTOPosted by On




TORONTO–(BUSINESS WIRE)–In connection with its Reverse Takeover Transaction (the “Proposed Transaction”) with Phoenix Canada Oil Company Limited (TSXV: PCO) (“Phoenix”), as originally announced on May 30, 2022, ZYUS Life Sciences Inc. (“ZYUS” or the “Company”) is pleased to announce its intention to complete a concurrent brokered private placement offering of subscription receipts for gross proceeds of C$20,000,000 or such greater amount as agreed to between the Company and the Agents, which



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