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YM BioSciences Inc.

09:46 AM EST - YM BioSciences Inc. : announced that the merger of Cytopia Ltd., the Australian biopharmaceutical company, into YM under a Scheme of Arrangement, has been concluded. Under the terms of the merger transaction, YM has issued 7,276,688 YM shares to former Cytopia shareholders as consideration for all of the issued and outstanding Cytopia shares. YM BioSciences Inc. shares T.YM are trading up $0.01 at $1.73.