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5/22/2015 - 9:48 AM EST - Amorfix Life Sciences Ltd. : intends to complete, subject to regulatory and shareholder approvals, a non-brokered private placement of a minimum of 50,000,000 shares up to a maximum of 83,333,333 shares at a price of $0.03 per common share of Amorfix for gross proceeds of a minimum $1,500,000 up to $2,500,000. . There will be no warrants attached to this offering. In connection with this Offering, Amorfix may pay finder fees of up to 7% of the gross proceeds. It is anticipated that insiders will be participating as part of this Offering. Amorfix Life Sciences Ltd.
shares T.AMF are trading down $0.005 at $0.04.