| Neptune Confirms Dividend of Acasti Rights |
| Mercredi, 06 Juillet 2011 | |||||||||
Neptune Confirms Dividend of Acasti Rights
Laval, Québec, CANADA – July 6, 2011 – Neptune Technologies & Bioressources Inc. (“Neptune”) (NASDAQ.NEPT – TSX-V.NTB) announces that, following the announcement by Acasti Pharma Inc. (“Acasti”) (TSX-V.APO), a subsidiary of Neptune, of a rights offering to its shareholders of record date July 5, 2011 (the “Record Date”) and Neptune’s announcement that the rights it would receive from Acasti would be transferred to its own shareholders at the Record Date in payment of a dividend on its common shares, Neptune announces that is has received on the date hereof a total of 38,617,733 rights pursuant to Acasti’s rights offering (the “Acasti Rights”). About Acasti Pharma Inc. Acasti Pharma is developing a product portfolio of proprietary novel long-chain omega-3 phospholipids. Phospholipids are the major component of cell membranes and are essential for all vital cell processes. They are one of the principal constituents of High Density Lipoprotein (good cholesterol) and, as such, play an important role in modulating cholesterol efflux. Acasti Pharma’s proprietary novel phospholipids carry and functionalize the polyunsaturated omega-3 fatty acids EPA and DHA, which have been shown to have substantial health benefits and which are stabilized by potent antioxidants. Acasti Pharma is focusing initially on treatments for chronic cardiovascular conditions within the over-the-counter, medical food and prescription drug markets.
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Mr. Dave Burwell Toll Free: 1-888-221-0915 +1 403 221.0915 [email protected] www.howardgroupinc.com |
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