VANCOUVER, BC / ACCESSWIRE / July 11, 2022 / Gemina Laboratories Ltd. (CSE:GLAB)(FRA:8I7, Financial) (the "Company" or "Gemina") is pleased to announce the closing of its previously announced non-brokered private placement (the "Private Placement"), raising gross proceeds of $921,720 through the issuance of 1,536,200 units (the "Units") at a price of $0.60 per Unit. Each Unit consists of one common share (a "Common Share") of Gemina and one common share purchase warrant (each, a "Warrant"). Each Warrant will entitle the holder thereof to acquire one Common Share at an exercise price of $0.80 per Common Share until June 30, 2027, subject to acceleration in certain circumstances.
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