December 22, 2016 / 1:09 PM / 10 months ago

REFILE-BUZZ-Aurinia Pharmaceuticals Inc: To raise $25 mln from share offering

(adds dropped word “Aurinia”)

** U.S listed shares of Canadian drug developer down 16.9 pct at $2.26 premarket

** Aurinia to sell 11.1 mln shares in a $25 mln bought deal financing

** Offering priced at 17.3 pct discount to stock’s Wednesday close

** Offering represents 28 pct of co’s outstanding shares as of Dec. 22

** Up to Wednesday’s close, stock had risen 8.4 pct in the last 12 months

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