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Financings Roundup


Tuesday, May 3, 2011
Marshall Edwards Inc., of San Diego, expects to gross about $4 million through the private placement of common stock and warrants. The company said that about $1.1 million would result from the sale of 835,217 shares of common stock at $1.33 per share and the remaining $2.9 million would be subject to the exercise of one-year series B warrants at their initial exercise price of $1.33 per share and the fulfillment or waiver of certain conditions.

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