On April 27, 2026, Burcon NutraScience Corporation closed the transaction. The company announced that it has issued convertible debentures for gross proceeds of CAD 2,900,000 in final tranche. An insider of the Company subscribed for Convertible Debentures totaling approximately CAD 1,700,000 in principal amount under the final tranche.
In total, insiders of the Company subscribed for Convertible Debentures totaling approximately CAD 4,400,000 in principal amount in aggregate under the Private Placement.
