MGC Pharmaceuticals Limited ASX Trading Halt (7616X)
May 06 2021 - 2:31AM
UK Regulatory
TIDMMXC
RNS Number : 7616X
MGC Pharmaceuticals Limited
06 May 2021
6 May 2021 MGC Pharmaceuticals Ltd
ASX Code: ASX Trading Halt
MXC
LSE Code:
MXC
MGC Pharmaceuticals Ltd (ASX, LSE: MXC, 'MGC Pharma' or 'the
Company') advises that trading in the shares of the Company have
been halted on the Australian Securities Exchange ("ASX") effective
from Thursday, 6 May 2021. The halt was requested by the Company
pending the release of an announcement by the Company in relation
to further findings on ArtemiC(TM) .
The trading halt will remain until the earlier of an
announcement to the market regarding the above or the opening of
trade on ASX on 10 May 2021.
Trading in the Company's ordinary securities will continue on
LSE during this period.
. --Ends--
MGC Pharmaceuticals Ltd UK PR Tavistock - Tavistock
Roby Zomer Tim Pearson +44 7983118 502
CEO & Managing Director Tim.Pearson@tavistock.co.uk
+61 8 6382 3390
info@mgcpharma.com.au
UK Broker - Turner Pope Australian PR/IR Advisors - Media & Capital
Andy Thacker Partners
info@TurnerPope.com Rod Hinchcliffe (IR) +61 412 277 377
Rod.Hinchcliffe@mcpartners.com.au
About MGC Pharma
MGC Pharmaceuticals Ltd (LSE: MXC, ASX: MXC) is a European based
bio-pharma company developing and supplying affordable standardised
phytocannabinoid derived medicines to patients globally. The
Company's founders were key figures in the global medical cannabis
industry and the core business strategy is to develop and supply
high quality phytocannabinoid derived medicines for the growing
demand in the medical markets in Europe, North America and
Australasia. MGC Pharma has a robust product offering targeting two
widespread medical conditions - epilepsy and dementia - and has
further products in the development pipeline.
Employing its 'Nature to Medicine' strategy, MGC Pharma has
partnered with renowned institutions and academia to optimise
cultivation and the development of targeted phytocannabinoid
derived medicines products prior to production in the Company's
EU-GMP Certified manufacturing facility.
MGC Pharma has a number of research collaborations with world
renowned academic institutions, and including recent research
highlighting the positive impact of using specific phytocannabinoid
formulations developed by MGC Pharma in the treatment of
glioblastoma, the most aggressive and so far therapeutically
resistant primary brain tumour.
MGC Pharma has a growing patient base in Australia, the UK,
Brazil and Ireland and has a global distribution footprint via an
extensive network of commercial partners meaning that it is poised
to supply the global market.
Follow us through our social media channels
Twitter: @MGC_Pharma
Facebook: @mgcpharmaceuticals
LinkedIn: MGC Pharmaceuticals Ltd.
Instagram: @mgc_pharma
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END
MSCGLGDURDGDGBL
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May 06, 2021 02:31 ET (06:31 GMT)
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