Nymox Announces $2 Million Private Placement

On August 2, 2023 Nymox Pharmaceutical Corporation [OTC Markets – NYMXF] (the "Company") reported an investment of US $2.0 million for 2 million shares at the price of $1.00 per share with 500,000 warrants priced at $2.00 (Press release, Nymox, AUG 2, 2023, View Source [SID1234633652]). The investment comes from James Robinson, a long-term shareholder of Nymox and a distinguished member of the Board of Directors of the Company. The funds will be used for general corporate purposes. The investment will close in the upcoming days after the customary formalities are completed.

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