Cantargia raises MSEK 24.6 through exercise of warrants

The exercise period for warrants of series TO 2 (not listed) and warrants of
series TO 4 (listed) closed on October 18th 2016. In total 3.237.816 warrants of
both series were exercised, resulting in a utilization of over 98 percent.
Through the warrants, Cantargia raises around MSEK 24.6, before issue costs.
Warrants of series TO 2 were issued in connection with a debt-for-equity swap in
October 2014 and warrants of series TO 4 were issued in connection with the
initial public offering in March 2015. In total, 394.688 warrants of series TO 2
and 2.843.128 warrants of series TO 4 were exercised, resulting in the
registration of 3.237.816 new shares at the Swedish Companies Registration
Office. Cantargia will thereby get approximately MSEK 24.6 before issue costs.
The number of shares will after registration at the Swedish Companies
Registration Office amount to 20.917.200 shares and the share capital will be
SEK 1.673.376.

"We are obviously very pleased with the strong support that our shareholders
have shown us during this subscription period," says Göran Forsberg, CEO. "The
interest shown regarding the intensified investment in our programs, is most
stimulating."

If you have any questions concerning Cantargia’s warrants, please contact:
Sedermera Fondkommission
Telephone: +46 (0)40-615 14 10
E-mail: info@sedermera.se

For further information, please contact
Göran Forsberg, CEO
Telephone: 046-275 62 60
E-mail: goran.forsberg@cantargia.com
Certified Adviser: Sedermera Fondkommission

This constitutes information that Cantargia is required to publish under the
EU’s Market Abuse Regulation. The information was submitted for publication
through the above contact person on 24 October 2016, at 08.30.