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Tetra Bio-Pharma Inc. Announces the Closing of $914,456 Non-Brokered Private Placement

11/04/2016

Ottawa, Ontario – (Marketwired – November 4, 2016) – Tetra Bio-Pharma Inc. (“Tetra Bio” or “the Company”) (CSE: TBP) is pleased to announce that it has closed a non-brokered private placement of 6,096,369 units at a price of $0.15 per unit for aggregate gross proceeds of $914,456. Each unit consists of one common share and one non-transferable warrant, with a whole warrant entitling the holder to purchase one common share at a price of $0.20 per share for a period of twelve months expiring November 4, 2017.

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