Epistem: Epistem : Urges Shareholders To Back Placing As Cash Begins To Dwindle (ALLISS)

(4-traders.com) LONDON (Alliance News) - Epistem Holdings PLC Thursday said it has raised GBP6.5 million through a large and conditional placing of shares priced at a discount, and warned shareholders that the company will be broke later this year if they fail to support the deal. The biotechnology company had already said it was considering raising equity...http://www.4-traders.com/EPISTEM-HOLDINGS-PLC-4006926/news/Epistem-Urges-Shareholders-To-Back-Placing-As-Cash-Begins-To-Dwindle-ALLISS-22564487/