On August 30, 2022 Helix BioPharma Corp. (TSX: "HBP") ("Helix" or the "Company"), a clinical-stage biopharmaceutical company that is developing unique therapies in the field of immuno-oncology based on its proprietary technology platform DOS47, reported that it has completed the buyback of the outstanding amount of the convertible security funding agreement (the "Agreement") with Lind Global Macro Fund, LP, a New York based institutional investment fund managed by The Lind Partners, LLC (together, "Lind") (Press release, Helix BioPharma, AUG 30, 2022, View Source [SID1234619307]).

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The Company entered into the Agreement with Lind in May 2021 and closed the first tranche under the Agreement for gross proceeds of $3,500,000 shortly thereafter (See Press Release dated May 13 2021).

The Company has now bought back the amount outstanding of the Convertible Security under the Agreement, which is C$2,061,875.

"Paying off our convertible security paired with a robust plan to reduce overheads, operating and general and administrative expenses, gives Helix longevity to focus and execute on our strategy. We continue to be excited about our asset LDOS47 and its journey to bring new and potentially life changing therapies to patients suffering with cancers." commented Artur Gabor, CEO of Helix.