Market Movers: Immunoprecise to Acquire Preclinics for 2.3M Euros

Immunoprecise to acquire Preclinics

Immunoprecise Antibodies Ltd. (TSX-V:IPA) has entered an agreement to acquire Preclinics GmbH, a private company based in Potsdam, Germany, which performs in-vivo research in rodent models and in-vitro research in cell culture and other in-vitro formats. The purchase price is 2.3 million euros.

Valeura Energy Inc. (TSX:VLE) has completed the fourth and final production test at the Yamalik-1 exploration well in Turkey with positive results. These results have increased the aggregate 24-hour tested production rate to approximately 2.9 cubic feet per day.

Golden Arrow Resources Corp. (TSX-V:GRG)’s joint venture with Puna Operations has received approval of the environmental impact assessment for the Chinchillas project in Argentina.

Vanc Pharmaceuticals Inc. (TSX-V:VANC) has completed the acquisition of HealthTab Inc., a point-of-care testing (POCT) platform designed for pharmacies.

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About the author: In addition to writing financial content and analysis, Jackson has worked as a business journalist at Stockwatch and research analyst at various organizations. He obtained his MA Economics from Concordia University in Montreal and BA Economics from the University of British Columbia, with special emphasis on environmental and industrial economics.