TORONTO, Sept. 15 /CNW/ - Northern Rivers Innovation Fund LP (the "Fund")
announced that it has acquired securities (the "Intelgenx Securities") of
Intelgenx Technologies Corp. ("Intelgenx"). As a result of the acquisition of
such Intelgenx Securities, the Fund owns 1,536,200 common shares and
1,149,000 common share purchase warrants of Intelgenx, representing
approximately 12.09% of the issued and outstanding common shares of Intelgenx.
The Intelgenx Securities were purchased by the Fund on the TSX Venture
Exchange and by way of private placement. The Fund acquired the Intelgenx
Securities for investment purposes only. Depending on market and other
conditions, the Fund may from time to time in the future increase or decrease
its ownership, control or direction over, or exercise its current rights to
acquire, the common shares or other securities of Intelgenx, through market
transactions, private agreements or otherwise.
For further information:
For further information: Scott Laskey, Northern Rivers Innovation Fund
LP, Tel: (416) 597-0894, Fax: (416) 597-8926