Stocks in play: Burcon NutraScience Corporation

Provided an update of its recent development activities. Burcon has now funded its share of the initial capital contribution to Merit Functional Foods Corporation by using a portion of the net proceeds from the over-subscribed rights offering, which closed on June 25. As previously announced Burcon and its joint venture partners had agreed that on or before July 2, they would make initial capital contributions to Merit Foods in the aggregate amount of $10,000,000, with Burcon's 40% share being $4,000,000. The full $10,000,000 of initial capital contributions have now been completed by the joint venture partners. Burcon NutraScience Corporation shares T.BU are trading up $0.04 at $0.71.