03:46 PM EST - YM BioSciences Inc. : announced that its offering of approximately $15 million U.S. has been increased to approximately $17.5 million U.S. The offering is a registered direct offering of units at $1.20 U.S. per unit. Each unit consists of one common share and one half of one common share purchase warrant. Each whole warrant entitles the holder to acquire one common share at a price of $1.60 U.S., commencing six months from closing for a period of five years from closing. YM BioSciences Inc.
shares T.YM are trading up $0.01 at $1.18.
