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   <title>XORTX closes $5 million public offering of shares and warrants</title>
   <link>http://www.streetinsider.com/Equity+Offerings/XORTX+closes+%245+million+public+offering+of+shares+and+warrants/26517071.html</link>
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&lt;p&gt;XORTX Therapeutics Inc. (NASDAQ: XRTX) completed a public offering that raised $5 million in gross proceeds through the sale of 2,659,574 common shares and common share equivalents at $1.88 per share.&lt;/p&gt;

&lt;p&gt;The pharmaceutical company issued 183,577 common shares and 2,475,997 pre-funded warrants to purchasers. Each pre-funded warrant allows the holder to acquire one common share at an exercise price of $0.0001 per share.&lt;/p&gt;

&lt;p&gt;XORTX plans to use the net proceeds for working capital and general corporate purposes, including investor relations activities. The company paid E.F. Hutton &amp; Co. a cash commission of $200,000, representing 4% of the gross proceeds, for serving as</description>
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   <title>XORTX closes $5 million public offering of shares and warrants</title>
   <link>http://www.streetinsider.com/Equity+Offerings/XORTX+closes+%245+million+public+offering+of+shares+and+warrants/26517071.html</link>
   <description>

&lt;p&gt;XORTX Therapeutics Inc. (NASDAQ: XRTX) completed a public offering that raised $5 million in gross proceeds through the sale of 2,659,574 common shares and common share equivalents at $1.88 per share.&lt;/p&gt;

&lt;p&gt;The pharmaceutical company issued 183,577 common shares and 2,475,997 pre-funded warrants to purchasers. Each pre-funded warrant allows the holder to acquire one common share at an exercise price of $0.0001 per share.&lt;/p&gt;

&lt;p&gt;XORTX plans to use the net proceeds for working capital and general corporate purposes, including investor relations activities. The company paid E.F. Hutton &amp; Co. a cash commission of $200,000, representing 4% of the gross proceeds, for serving as</description>
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   <title>XORTX closes $5 million public offering of shares and warrants</title>
   <link>http://www.streetinsider.com/Equity+Offerings/XORTX+closes+%245+million+public+offering+of+shares+and+warrants/26517071.html</link>
   <description>

&lt;p&gt;XORTX Therapeutics Inc. (NASDAQ: XRTX) completed a public offering that raised $5 million in gross proceeds through the sale of 2,659,574 common shares and common share equivalents at $1.88 per share.&lt;/p&gt;

&lt;p&gt;The pharmaceutical company issued 183,577 common shares and 2,475,997 pre-funded warrants to purchasers. Each pre-funded warrant allows the holder to acquire one common share at an exercise price of $0.0001 per share.&lt;/p&gt;

&lt;p&gt;XORTX plans to use the net proceeds for working capital and general corporate purposes, including investor relations activities. The company paid E.F. Hutton &amp; Co. a cash commission of $200,000, representing 4% of the gross proceeds, for serving as</description>
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   <title>XORTX closes $5 million public offering of shares and warrants</title>
   <link>http://www.streetinsider.com/Equity+Offerings/XORTX+closes+%245+million+public+offering+of+shares+and+warrants/26517071.html</link>
   <description>

&lt;p&gt;XORTX Therapeutics Inc. (NASDAQ: XRTX) completed a public offering that raised $5 million in gross proceeds through the sale of 2,659,574 common shares and common share equivalents at $1.88 per share.&lt;/p&gt;

&lt;p&gt;The pharmaceutical company issued 183,577 common shares and 2,475,997 pre-funded warrants to purchasers. Each pre-funded warrant allows the holder to acquire one common share at an exercise price of $0.0001 per share.&lt;/p&gt;

&lt;p&gt;XORTX plans to use the net proceeds for working capital and general corporate purposes, including investor relations activities. The company paid E.F. Hutton &amp; Co. a cash commission of $200,000, representing 4% of the gross proceeds, for serving as</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Equity+Offerings/XORTX+closes+%245+million+public+offering+of+shares+and+warrants/26517071.html</guid>
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   <title>XORTX closes $5 million public offering of shares and warrants</title>
   <link>http://www.streetinsider.com/Equity+Offerings/XORTX+closes+%245+million+public+offering+of+shares+and+warrants/26517071.html</link>
   <description>

&lt;p&gt;XORTX Therapeutics Inc. (NASDAQ: XRTX) completed a public offering that raised $5 million in gross proceeds through the sale of 2,659,574 common shares and common share equivalents at $1.88 per share.&lt;/p&gt;

&lt;p&gt;The pharmaceutical company issued 183,577 common shares and 2,475,997 pre-funded warrants to purchasers. Each pre-funded warrant allows the holder to acquire one common share at an exercise price of $0.0001 per share.&lt;/p&gt;

&lt;p&gt;XORTX plans to use the net proceeds for working capital and general corporate purposes, including investor relations activities. The company paid E.F. Hutton &amp; Co. a cash commission of $200,000, representing 4% of the gross proceeds, for serving as</description>
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   <title>XORTX closes $5 million public offering of shares and warrants</title>
   <link>http://www.streetinsider.com/Equity+Offerings/XORTX+closes+%245+million+public+offering+of+shares+and+warrants/26517071.html</link>
   <description>

&lt;p&gt;XORTX Therapeutics Inc. (NASDAQ: XRTX) completed a public offering that raised $5 million in gross proceeds through the sale of 2,659,574 common shares and common share equivalents at $1.88 per share.&lt;/p&gt;

&lt;p&gt;The pharmaceutical company issued 183,577 common shares and 2,475,997 pre-funded warrants to purchasers. Each pre-funded warrant allows the holder to acquire one common share at an exercise price of $0.0001 per share.&lt;/p&gt;

&lt;p&gt;XORTX plans to use the net proceeds for working capital and general corporate purposes, including investor relations activities. The company paid E.F. Hutton &amp; Co. a cash commission of $200,000, representing 4% of the gross proceeds, for serving as</description>
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   <title>XORTX closes $5 million public offering of shares and warrants</title>
   <link>http://www.streetinsider.com/Equity+Offerings/XORTX+closes+%245+million+public+offering+of+shares+and+warrants/26517071.html</link>
   <description>

&lt;p&gt;XORTX Therapeutics Inc. (NASDAQ: XRTX) completed a public offering that raised $5 million in gross proceeds through the sale of 2,659,574 common shares and common share equivalents at $1.88 per share.&lt;/p&gt;

&lt;p&gt;The pharmaceutical company issued 183,577 common shares and 2,475,997 pre-funded warrants to purchasers. Each pre-funded warrant allows the holder to acquire one common share at an exercise price of $0.0001 per share.&lt;/p&gt;

&lt;p&gt;XORTX plans to use the net proceeds for working capital and general corporate purposes, including investor relations activities. The company paid E.F. Hutton &amp; Co. a cash commission of $200,000, representing 4% of the gross proceeds, for serving as</description>
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   <title>XORTX Announces Closing of US$5 Million Public Offering</title>
   <link>http://www.streetinsider.com/Press+Releases/XORTX+Announces+Closing+of+US%245+Million+Public+Offering/26517035.html</link>
   <description>
&lt;p align=&quot;justify&quot; style=&quot;padding-left:0pt;&quot;&gt;CALGARY, Alberta , May  19, 2026  (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. (&amp;quot;&lt;strong&gt;XORTX&lt;/strong&gt;&amp;quot; or the “&lt;strong&gt;Company&lt;/strong&gt;”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat gout and progressive kidney disease, announces that it has closed its previously announced public offering of 2,659,574 common shares (&amp;quot;&lt;strong&gt;Common Shares&lt;/strong&gt;&amp;quot;) or common shares equivalents in lieu thereof (“&lt;strong&gt;Pre-Funded Warrants&lt;/strong&gt;”) at a purchase price of US$1.88 (the “&lt;strong&gt;Offering&lt;/strong&gt;”).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In connection with the Offering, the Company entered into definitive securities purchase agreements with purchasers to which the Company has</description>
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   <title>XORTX Announces Closing of US$5 Million Public Offering</title>
   <link>http://www.streetinsider.com/Press+Releases/XORTX+Announces+Closing+of+US%245+Million+Public+Offering/26517035.html</link>
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&lt;p align=&quot;justify&quot; style=&quot;padding-left:0pt;&quot;&gt;CALGARY, Alberta , May  19, 2026  (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. (&amp;quot;&lt;strong&gt;XORTX&lt;/strong&gt;&amp;quot; or the “&lt;strong&gt;Company&lt;/strong&gt;”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat gout and progressive kidney disease, announces that it has closed its previously announced public offering of 2,659,574 common shares (&amp;quot;&lt;strong&gt;Common Shares&lt;/strong&gt;&amp;quot;) or common shares equivalents in lieu thereof (“&lt;strong&gt;Pre-Funded Warrants&lt;/strong&gt;”) at a purchase price of US$1.88 (the “&lt;strong&gt;Offering&lt;/strong&gt;”).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In connection with the Offering, the Company entered into definitive securities purchase agreements with purchasers to which the Company has</description>
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   <title>XORTX Announces Closing of US$5 Million Public Offering</title>
   <link>http://www.streetinsider.com/Press+Releases/XORTX+Announces+Closing+of+US%245+Million+Public+Offering/26517035.html</link>
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&lt;p align=&quot;justify&quot; style=&quot;padding-left:0pt;&quot;&gt;CALGARY, Alberta , May  19, 2026  (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. (&amp;quot;&lt;strong&gt;XORTX&lt;/strong&gt;&amp;quot; or the “&lt;strong&gt;Company&lt;/strong&gt;”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat gout and progressive kidney disease, announces that it has closed its previously announced public offering of 2,659,574 common shares (&amp;quot;&lt;strong&gt;Common Shares&lt;/strong&gt;&amp;quot;) or common shares equivalents in lieu thereof (“&lt;strong&gt;Pre-Funded Warrants&lt;/strong&gt;”) at a purchase price of US$1.88 (the “&lt;strong&gt;Offering&lt;/strong&gt;”).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In connection with the Offering, the Company entered into definitive securities purchase agreements with purchasers to which the Company has</description>
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   <title>XORTX Announces Closing of US$5 Million Public Offering</title>
   <link>http://www.streetinsider.com/Press+Releases/XORTX+Announces+Closing+of+US%245+Million+Public+Offering/26517035.html</link>
   <description>
&lt;p align=&quot;justify&quot; style=&quot;padding-left:0pt;&quot;&gt;CALGARY, Alberta , May  19, 2026  (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. (&amp;quot;&lt;strong&gt;XORTX&lt;/strong&gt;&amp;quot; or the “&lt;strong&gt;Company&lt;/strong&gt;”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat gout and progressive kidney disease, announces that it has closed its previously announced public offering of 2,659,574 common shares (&amp;quot;&lt;strong&gt;Common Shares&lt;/strong&gt;&amp;quot;) or common shares equivalents in lieu thereof (“&lt;strong&gt;Pre-Funded Warrants&lt;/strong&gt;”) at a purchase price of US$1.88 (the “&lt;strong&gt;Offering&lt;/strong&gt;”).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In connection with the Offering, the Company entered into definitive securities purchase agreements with purchasers to which the Company has</description>
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   <title>XORTX Announces Closing of US$5 Million Public Offering</title>
   <link>http://www.streetinsider.com/Press+Releases/XORTX+Announces+Closing+of+US%245+Million+Public+Offering/26517035.html</link>
   <description>
&lt;p align=&quot;justify&quot; style=&quot;padding-left:0pt;&quot;&gt;CALGARY, Alberta , May  19, 2026  (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. (&amp;quot;&lt;strong&gt;XORTX&lt;/strong&gt;&amp;quot; or the “&lt;strong&gt;Company&lt;/strong&gt;”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat gout and progressive kidney disease, announces that it has closed its previously announced public offering of 2,659,574 common shares (&amp;quot;&lt;strong&gt;Common Shares&lt;/strong&gt;&amp;quot;) or common shares equivalents in lieu thereof (“&lt;strong&gt;Pre-Funded Warrants&lt;/strong&gt;”) at a purchase price of US$1.88 (the “&lt;strong&gt;Offering&lt;/strong&gt;”).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In connection with the Offering, the Company entered into definitive securities purchase agreements with purchasers to which the Company has</description>
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&lt;p align=&quot;justify&quot; style=&quot;padding-left:0pt;&quot;&gt;CALGARY, Alberta , May  19, 2026  (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. (&amp;quot;&lt;strong&gt;XORTX&lt;/strong&gt;&amp;quot; or the “&lt;strong&gt;Company&lt;/strong&gt;”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat gout and progressive kidney disease, announces that it has closed its previously announced public offering of 2,659,574 common shares (&amp;quot;&lt;strong&gt;Common Shares&lt;/strong&gt;&amp;quot;) or common shares equivalents in lieu thereof (“&lt;strong&gt;Pre-Funded Warrants&lt;/strong&gt;”) at a purchase price of US$1.88 (the “&lt;strong&gt;Offering&lt;/strong&gt;”).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In connection with the Offering, the Company entered into definitive securities purchase agreements with purchasers to which the Company has</description>
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&lt;p align=&quot;justify&quot; style=&quot;padding-left:0pt;&quot;&gt;CALGARY, Alberta , May  19, 2026  (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. (&amp;quot;&lt;strong&gt;XORTX&lt;/strong&gt;&amp;quot; or the “&lt;strong&gt;Company&lt;/strong&gt;”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat gout and progressive kidney disease, announces that it has closed its previously announced public offering of 2,659,574 common shares (&amp;quot;&lt;strong&gt;Common Shares&lt;/strong&gt;&amp;quot;) or common shares equivalents in lieu thereof (“&lt;strong&gt;Pre-Funded Warrants&lt;/strong&gt;”) at a purchase price of US$1.88 (the “&lt;strong&gt;Offering&lt;/strong&gt;”).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In connection with the Offering, the Company entered into definitive securities purchase agreements with purchasers to which the Company has</description>
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&lt;p align=&quot;justify&quot; style=&quot;padding-left:0pt;&quot;&gt;CALGARY, Alberta , May  19, 2026  (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. (&amp;quot;&lt;strong&gt;XORTX&lt;/strong&gt;&amp;quot; or the “&lt;strong&gt;Company&lt;/strong&gt;”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat gout and progressive kidney disease, announces that it has closed its previously announced public offering of 2,659,574 common shares (&amp;quot;&lt;strong&gt;Common Shares&lt;/strong&gt;&amp;quot;) or common shares equivalents in lieu thereof (“&lt;strong&gt;Pre-Funded Warrants&lt;/strong&gt;”) at a purchase price of US$1.88 (the “&lt;strong&gt;Offering&lt;/strong&gt;”).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In connection with the Offering, the Company entered into definitive securities purchase agreements with purchasers to which the Company has</description>
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&lt;p align=&quot;justify&quot; style=&quot;padding-left:0pt;&quot;&gt;CALGARY, Alberta , May  19, 2026  (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. (&amp;quot;&lt;strong&gt;XORTX&lt;/strong&gt;&amp;quot; or the “&lt;strong&gt;Company&lt;/strong&gt;”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat gout and progressive kidney disease, announces that it has closed its previously announced public offering of 2,659,574 common shares (&amp;quot;&lt;strong&gt;Common Shares&lt;/strong&gt;&amp;quot;) or common shares equivalents in lieu thereof (“&lt;strong&gt;Pre-Funded Warrants&lt;/strong&gt;”) at a purchase price of US$1.88 (the “&lt;strong&gt;Offering&lt;/strong&gt;”).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In connection with the Offering, the Company entered into definitive securities purchase agreements with purchasers to which the Company has</description>
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&lt;p align=&quot;justify&quot; style=&quot;padding-left:0pt;&quot;&gt;CALGARY, Alberta , May  19, 2026  (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. (&amp;quot;&lt;strong&gt;XORTX&lt;/strong&gt;&amp;quot; or the “&lt;strong&gt;Company&lt;/strong&gt;”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat gout and progressive kidney disease, announces that it has closed its previously announced public offering of 2,659,574 common shares (&amp;quot;&lt;strong&gt;Common Shares&lt;/strong&gt;&amp;quot;) or common shares equivalents in lieu thereof (“&lt;strong&gt;Pre-Funded Warrants&lt;/strong&gt;”) at a purchase price of US$1.88 (the “&lt;strong&gt;Offering&lt;/strong&gt;”).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In connection with the Offering, the Company entered into definitive securities purchase agreements with purchasers to which the Company has</description>
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&lt;p align=&quot;justify&quot; style=&quot;padding-left:0pt;&quot;&gt;CALGARY, Alberta , May  19, 2026  (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. (&amp;quot;&lt;strong&gt;XORTX&lt;/strong&gt;&amp;quot; or the “&lt;strong&gt;Company&lt;/strong&gt;”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat gout and progressive kidney disease, announces that it has closed its previously announced public offering of 2,659,574 common shares (&amp;quot;&lt;strong&gt;Common Shares&lt;/strong&gt;&amp;quot;) or common shares equivalents in lieu thereof (“&lt;strong&gt;Pre-Funded Warrants&lt;/strong&gt;”) at a purchase price of US$1.88 (the “&lt;strong&gt;Offering&lt;/strong&gt;”).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In connection with the Offering, the Company entered into definitive securities purchase agreements with purchasers to which the Company has</description>
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&lt;p align=&quot;justify&quot; style=&quot;padding-left:0pt;&quot;&gt;CALGARY, Alberta , May  19, 2026  (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. (&amp;quot;&lt;strong&gt;XORTX&lt;/strong&gt;&amp;quot; or the “&lt;strong&gt;Company&lt;/strong&gt;”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat gout and progressive kidney disease, announces that it has closed its previously announced public offering of 2,659,574 common shares (&amp;quot;&lt;strong&gt;Common Shares&lt;/strong&gt;&amp;quot;) or common shares equivalents in lieu thereof (“&lt;strong&gt;Pre-Funded Warrants&lt;/strong&gt;”) at a purchase price of US$1.88 (the “&lt;strong&gt;Offering&lt;/strong&gt;”).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In connection with the Offering, the Company entered into definitive securities purchase agreements with purchasers to which the Company has</description>
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&lt;p align=&quot;justify&quot; style=&quot;padding-left:0pt;&quot;&gt;CALGARY, Alberta , May  19, 2026  (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. (&amp;quot;&lt;strong&gt;XORTX&lt;/strong&gt;&amp;quot; or the “&lt;strong&gt;Company&lt;/strong&gt;”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat gout and progressive kidney disease, announces that it has closed its previously announced public offering of 2,659,574 common shares (&amp;quot;&lt;strong&gt;Common Shares&lt;/strong&gt;&amp;quot;) or common shares equivalents in lieu thereof (“&lt;strong&gt;Pre-Funded Warrants&lt;/strong&gt;”) at a purchase price of US$1.88 (the “&lt;strong&gt;Offering&lt;/strong&gt;”).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In connection with the Offering, the Company entered into definitive securities purchase agreements with purchasers to which the Company has</description>
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&lt;p align=&quot;justify&quot; style=&quot;padding-left:0pt;&quot;&gt;CALGARY, Alberta , May  19, 2026  (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. (&amp;quot;&lt;strong&gt;XORTX&lt;/strong&gt;&amp;quot; or the “&lt;strong&gt;Company&lt;/strong&gt;”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat gout and progressive kidney disease, announces that it has closed its previously announced public offering of 2,659,574 common shares (&amp;quot;&lt;strong&gt;Common Shares&lt;/strong&gt;&amp;quot;) or common shares equivalents in lieu thereof (“&lt;strong&gt;Pre-Funded Warrants&lt;/strong&gt;”) at a purchase price of US$1.88 (the “&lt;strong&gt;Offering&lt;/strong&gt;”).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In connection with the Offering, the Company entered into definitive securities purchase agreements with purchasers to which the Company has</description>
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&lt;p align=&quot;justify&quot; style=&quot;padding-left:0pt;&quot;&gt;CALGARY, Alberta , May  19, 2026  (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. (&amp;quot;&lt;strong&gt;XORTX&lt;/strong&gt;&amp;quot; or the “&lt;strong&gt;Company&lt;/strong&gt;”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat gout and progressive kidney disease, announces that it has closed its previously announced public offering of 2,659,574 common shares (&amp;quot;&lt;strong&gt;Common Shares&lt;/strong&gt;&amp;quot;) or common shares equivalents in lieu thereof (“&lt;strong&gt;Pre-Funded Warrants&lt;/strong&gt;”) at a purchase price of US$1.88 (the “&lt;strong&gt;Offering&lt;/strong&gt;”).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In connection with the Offering, the Company entered into definitive securities purchase agreements with purchasers to which the Company has</description>
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&lt;p align=&quot;justify&quot; style=&quot;padding-left:0pt;&quot;&gt;CALGARY, Alberta , May  19, 2026  (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. (&amp;quot;&lt;strong&gt;XORTX&lt;/strong&gt;&amp;quot; or the “&lt;strong&gt;Company&lt;/strong&gt;”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat gout and progressive kidney disease, announces that it has closed its previously announced public offering of 2,659,574 common shares (&amp;quot;&lt;strong&gt;Common Shares&lt;/strong&gt;&amp;quot;) or common shares equivalents in lieu thereof (“&lt;strong&gt;Pre-Funded Warrants&lt;/strong&gt;”) at a purchase price of US$1.88 (the “&lt;strong&gt;Offering&lt;/strong&gt;”).&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;In connection with the Offering, the Company entered into definitive securities purchase agreements with purchasers to which the Company has</description>
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