Abaxx Technologies Inc (TSE:ABXX) has released an update.
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Abaxx Technologies Inc. has completed a significant transaction acquiring a stake in MineHub Technologies Inc., involving over 4 million common shares and warrants, marking an assertive investment move. This acquisition represents a strategic interest in the mining technology company, with Abaxx holding a non-diluted 5.76% and a partially diluted 15.5% interest post-transaction. The deal reflects Abaxx’s investment strategy and could potentially lead to further financial involvement depending on market conditions and MineHub’s business performance.
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