Toronto, Ontario – April 26, 2023, Theralase® Technologies Inc. (“Theralase” or the “Company”) (TSXV: TLT) (OTCQB: TLTFF), a clinical stage pharmaceutical company dedicated to the research and development of light activated Photo Dynamic Compounds (“PDCs”) and their associated drug formulations intended to safely and effectively destroy various cancers released its audited annual consolidated 2022 financial statements. Financial Summary: For the year ended December 31st: Audited Consolidated Statements of Operations             (In Canadian Dollars)    2022 2021 % Change   Revenue       Canada 1,007,841 697,727 44% United States 112,041 69,725 61% International 18,687 13,189 42% Total Revenue 1,138,569 780,641 46%         Cost of Sales 510,395 470,698 8% Gross Margin 628,174 309,943 103% Gross Margin (% of revenue) 55% 40%           Operating Expenses       Selling Expenses 301,359 363,886 -17% Administrative Expenses 1,277,253 1,562,867 -18% Research and Development Expenses – CLT Division 167,365 308,708 … Read More

Toronto, Ontario – February 23, 2023,Theralase® Technologies Inc. (“Theralase®” or the “Company”) (TSXV: TLT) (OTCQB: TLTFF), a clinical stage pharmaceutical company focused on the research and development of light activated Photo Dynamic Compounds (“PDCs”) and their associated drug formulations, used to safely and effectively destroy various cancers, bacteria and viruses, announced today that its Phase II clinical study (“Study II”) interim data was recently presented at the American Society of Clinical Oncology (“ASCO”) Genito Urinary (“GU”) Cancer Symposium via a moderated poster presentation. Study II has been designed to treat patients diagnosed with Bacillus Calmette-Guérin (“BCG”)-Unresponsive, Non-Muscle Invasive Bladder Cancer (“NMIBC”) Carcinoma In-Situ (“CIS”) (with or without resected papillary Ta/T1 disease) with a patented investigational study drug (TLD-1433) (Trade Name: Ruvidar™), a ruthenium based PDC intravesically instilled into a patient’s bladder, then subsequently activated by a proprietary investigational study device (TLC-3200), a green (520 nm) laser system equipped with fiber-optic light emitters … Read More

Toronto, Ontario – February 21, 2023,Theralase® Technologies Inc. (“Theralase®” or the “Company”) (TSXV: TLT) (OTCQB: TLTFF), a clinical stage pharmaceutical company focused on the research and development of light activated Photo Dynamic Compounds (“PDCs”) and their associated drug formulations, used to safely and effectively destroy various cancers, bacteria and viruses, is pleased to announce it has been named to the Toronto Stock Exchange (“TSX”) Venture Exchange’s 2023 Venture 50™. The Venture 50™ is an annual ranking of the top-performing companies from five industry sectors; specifically: Clean Technology and Life Sciences, Diversified Industries, Energy, Mining, and Technology. Theralase® was recognized in the Clean Technology and Life Sciences category. The Venture 50™ ranking is comprised of the top performing companies on the TSX Venture Exchange in 2022, selected based on the equally weighted criteria of: market capitalization, share price appreciation and trading volume. Selected Venture 50™ companies have seen tremendous growth over the past year, … Read More

Toronto, Ontario – February 2, 2023, Theralase® Technologies Inc. (“Theralase®” or the “Company”) (TSXV: TLT) (OTCQB: TLTFF), a clinical stage pharmaceutical company focused on the research and development of light activated Photo Dynamic Compounds (“PDCs”) and their associated drug formulations, used to safely and effectively destroy various cancers, bacteria and viruses, announced today that its Phase II Bacillus Calmette Guerin (“BCG”) Unresponsive Non-Muscle Invasive Bladder Cancer (“NMIBC”) Carcinoma In-Situ (“CIS”) clinical study (“Study II”) (Interim) data has been accepted by the American Urology Association (“AUA”) for a moderated poster presentation at it’s annual meeting. The AUA annual meeting will take placebetweenApril 28th to May 1st, 2023 in Chicago, Illinois with the poster presented for general viewing and discussion within one of the moderated poster sessions, during the AUA annual meeting. The poster titled: “A Phase II Clinical Study of Intravesical Photo Dynamic Therapy (“PDT”) in Patients with BCG-Unresponsive NMIBC (interim … Read More

Toronto, Ontario – January 25, 2023, Theralase® Technologies Inc. (“Theralase®” or the “Company”) (TSXV: TLT) (OTCQB: TLTFF), a clinical stage pharmaceutical company focused on the research and development of light activated Photo Dynamic Compounds (“PDCs”) and their associated drug formulations, used to safely and effectively destroy various cancers, bacteria and viruses, announced today that its Phase II Non-Muscle Invasive Bladder Cancer (“NMIBC”) clinical study (“Study II”) (Interim) data has been accepted by the American Society of Clinical Oncology (“ASCO”) Genito Urinary (“GU”) Cancer Symposium for a moderated poster presentation. The GU-ASCO cancer symposium will take placebetweenFebruary 16th to 18th, 2023 in San Francisco, California with the poster presented for general viewing and discussion within Poster Session B: Prostate Cancer and Urothelial Carcinoma on February 17, 2023 at 12:30 PM to 2:00 PM and 5:15 PM to 6:15 PM. The poster titled: “A Phase II Clinical Study of Intravesical Photo Dynamic … Read More

Toronto, Ontario – January 5, 2023, Theralase® Technologies Inc. (“Theralase” or “Company“) (TSXV:TLT)(OTCQB:TLTFF), a clinical stage pharmaceutical company focused on the research and development of light activated Photo Dynamic Compounds (“PDCs“) and their associated drug formulations intended to safely and effectively destroy various cancers, announces that the Company proposes to extend the expiry date of 4,095,157 share purchase warrants, all of which are exercisable at $0.50 per share (collectively, the “Warrants“). The Warrants were issued on January 9, 2019 pursuant to a private placement involving the issuance of 4,095,157units of the Company. The Warrants were previously amended to extend the original expiry date of January 9, 2021 to January 9, 2023. Now, the Company proposes to extend the amended expiry date of January 9, 2023 to January 9, 2024.  All other terms and conditions of the Warrants will remain unchanged. The Warrant expiry date extension is subject to final acceptance by the TSX … Read More

Toronto, Ontario – November 29, 2022, Theralase® Technologies Inc. (“Theralase” or the “Company”) (TSXV: TLT) (OTCQB: TLTFF), a clinical stage pharmaceutical company dedicated to the research and development of light activated Photo Dynamic Compounds (“PDC”) and their associated drug formulations intended to safely and effectively destroy various cancers, bacteria and viruses has released the Company’s unaudited 3Q2022 condensed interim consolidated Financial Statements (“Financial Statements”). Financial Highlights: For the six-month period ended September 30th: Audited Consolidated Statements of Operations              In Canadian Dollars     2022 2021 % Change  Revenue       Canada 683,167     501,523 36% United States 111,496        52,100  114% International 18,335        13,189  39% Total Revenue 812,998 566,812 43%         Cost of Sales 389,232 317,397 23% Gross Margin 423,766 249,415 70% Gross Margin as a percentage of sales 52% 44%           Operating Expenses       Selling Expenses 238,904 271,708 -12% Administrative Expenses 1,068,979 1,211,834 -12% Research and Development Expenses – CLT … Read More

Toronto, Ontario – November 21, 2022, Theralase® Technologies Inc. (“Theralase®” or the “Company”) (TSXV: TLT) (OTCQB: TLTFF), a clinical stage pharmaceutical company focused on the research and development of light activated Photo Dynamic Compounds (“PDCs”) and their associated drug formulations, used to destroy various cancers, bacteria and viruses, safely and effectively, announces the grant of stock options.  The Company has granted an aggregate of 7,860,000 stock options to directors, officers, employees & advisory board members pursuant to the Company’s stock option plan.  The options granted, are exercisable at a price of CDN$0.25 per share and vest over a three-year period and expire five years from the date of the grant. The stock option plan was last approved by the shareholders of the Company at the Annual General and Special Meeting of Shareholders held on June 28, 2022. About Theralase® Technologies Inc. Theralase® is a clinical stage pharmaceutical company dedicated to the research and development of … Read More

Toronto, Ontario – November 17, 2022, Theralase® Technologies Inc. (“Theralase®” or the “Company”) (TSXV: TLT) (OTCQB: TLTFF), a clinical stage pharmaceutical company focused on the research and development of light activated Photo Dynamic Compounds (“PDCs”) and their associated drug formulations, used to destroy various cancers, bacteria and viruses, safely and effectively, is pleased to announce that it has closed a non-brokered private placement offering (“Offering”) of units (“Units”). On closing, the Corporation issued an aggregate of 1,000,000 Units at a price of $0.25 per Unit for aggregate gross proceeds of approximately $250,000. Each Unit consisted of one common share of the Company (“Common Share”) and one common share purchase warrant (“Warrant”). Each Warrant entitles the holder to acquire an additional Common Share at an exercise price of $0.35 per share for a period of 24 months following the date of issuance.  In connection with the Offering, the Company paid a finder’s fee of $1,350 in cash and … Read More

Not for distribution to U.S. news wire services or dissemination in the United States. Toronto, Ontario – October 3, 2022, Theralase® Technologies Inc. (“Theralase®” or the “Company”) (TSXV: TLT) (OTCQB: TLTFF), a clinical stage pharmaceutical company focused on the research and development of light activated Photo Dynamic Compounds (“PDCs”) and their associated drug formulations, used to safely and effectively destroy various cancers, bacteria and viruses, is pleased to announce that it has commenced a non-brokered $CAN 2.5 M follow-on private placement equity financing (“Financing”). Under the terms of the Financing, up to 10,000,000 Units are available to be sold to accredited investors at a price of $0.25 per Unit for aggregate gross proceeds of up to $CAN 2,500,000. Each Unit will consist of one common share of the Company (“Common Share”) and one common share purchase warrant (“Warrant”). Each Warrant will entitle the holder to acquire an additional Common Share at … Read More