Medicus Pharma Ltd. announced a non-brokered private placement to issue 2,922,500 common shares at an issue price of $2.00 per Share, for aggregate gross proceeds of $5,845,000 on June 26, 2024. The Company expects to pay $375,000 of finders? fees in connection with the Equity Offering.

The closing of the Equity Offering is expected to occur on or about June 28, 2024, subject to customary closing conditions, including the approval of the TSX Venture Exchange.