CYNAPSUS THERAPEUTICS SIGNS TERM SHEET FOR C$10 MILLION PRIVATE PLACEMENT OFFERING
TORONTO, ONTARIO--(Marketwire - May 25, 2011) -
Cynapsus Therapeutics Inc. (the "Company" or "Cynapsus") (TSX VENTURE:CTH) today announced that it has signed a term sheet with a Health Care / Life Sciences focused Institutional Investment Group (the "Lead Investor") to be the lead investor in a private placement offering of C$10 million of its common shares and warrants (the "Offering").MORE>>