March 19 (Reuters) - Intelgenx Technologies Corp IGX.V :
* INTELGENX ANNOUNCES PROPOSED ACQUISITION OF LABOVAL
* INTELGENX TECHNOLOGIES CORP - DEAL FOR TOTAL CASH CONSIDERATION OF UP TO CA$5 MILLION
* INTELGENX TECHNOLOGIES CORP - INTENDS TO FINANCE ACQUISITION AND RELATED FEES AND COSTS BY WAY OF PRIVATE PLACEMENT EQUITY FINANCING
* INTELGENX TECHNOLOGIES CORP - CO'S OBLIGATION TO CLOSE ACQUISITION IS CONDITIONAL UPON CO RAISING AT LEAST US$10 MILLION UNDER OFFERING
* INTELGENX - PROCEEDS RAISED IN ADDITION TO THOSE REQUIRED FOR DEAL WOULD BE USED TO FINANCE CO'S MONTELUKAST PHASE 2B CLINICAL TRIAL, WORKING CAPITAL