VANCOUVER, April 2, 2015 /CNW/ - RepliCel Life Sciences Inc. (the "Company" or "RepliCel") (OTCQB: REPCF) (TSX.V: RP), a clinical stage regenerative medicine company focused on the development of autologous cell therapies, today announced that it has applied to the TSX Venture Exchange to extend the term of 2,043,555 share purchase warrants (the "Warrants"). The original term of 1,643,555 of the Warrants was two years and expires on April 10, 2015 and the original term of 400,000 of the Warrants was two years and expires on May 21, 2015. The Company proposes to extend the expiry date for a period of one year to April 10, 2016 for 1,643,555 of the Warrants and to May 21, 2016 for 400,000 of the Warrants. In all other respects the terms of the Warrants will remain unchanged and in full force and effect.
About RepliCel Life Sciences
RepliCel is a regenerative medicine company focused on developing autologous cell therapies that address diseases caused by a deficit of healthy cells required for normal healing and function. The company's RCT-01, RCS-01, and RCH-01 cell therapies are designed to treat chronic tendinosis, damaged or aging skin, and pattern baldness. All product candidates are based on RepliCel's innovative technology utilizing cell populations isolated from a patient's own healthy hair follicles. The company is also developing a propriety injection device optimized for the administration of its products and licensable for use with other dermatology applications. The company's product pipeline is comprised of multiple clinical trials anticipated to launch through Q1 2015 in addition to Shiseido's own clinical trial of RCH-01 and the device in late prototype development. Visit www.replicel.com for additional information.
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SOURCE RepliCel Life Sciences Inc.
For further information:
Tammey George, Director of Communications
Lee Buckler, VP Business & Corporate Development