May 30, 2017 / 2:15 PM / 2 months ago

BRIEF-Check-Cap Ltd announces $2.69 mln financing

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May 30 (Reuters) - Check Cap Ltd:

* Check-Cap ltd. Announces $2.69 million financing

* Intends to use net proceeds from offering to advance ongoing clinical development of its C-scan® system

* Entered agreement with single health-care focused institutional investor for purchase of 1.3 million ordinary shares, at $2.00 per share

* Will issue 1-year warrants to purchase up to 1.3 million of ordinary shares, at an exercise price of $2.125 per share, that are immediately exercisable Source text for Eikon: Further company coverage:

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