Resverlogix Corp. Closes Additional $30 million from Citibank Loan

TSX Exchange Symbol: RVX

CALGARY, Aug. 15, 2014 /CNW/ - Resverlogix Corp. ("Resverlogix") (TSX:RVX) announced today that it has closed the previously-announced amendments which provided for the loan granted to Resverlogix by Citibank, N.A. to be increased by $30 million to $68.8 million, as more particularly described in the management information circular dated July 14, 2014.

About Resverlogix

Resverlogix Corp. (TSX: RVX) is a clinical stage cardiovascular company developing compounds involving a therapeutic increase in ApoA-I. Resverlogix's RVX-208 is a first-in-class small molecule for the treatment of atherosclerosis and other chronic diseases such as Diabetes Mellitus and Alzheimer's disease. RVX-208 is the first BET bromodomain inhibitor in clinical trials. Resverlogix's common shares trade on the Toronto Stock Exchange (TSX: RVX). For further information please visit www.resverlogix.com. We can be followed on our blog at http://www.resverlogix.com/blog.

Company Contacts:

Donald J. McCaffrey
President and CEO
Resverlogix Corp.
Phone: [phone]
Email: [email protected]

SOURCE: Resverlogix Corp.