BEACN Targets Growth with $1M Capital Raise

BEACN Wizardry & Magic Inc (TSE:BECN) has released an update.

BEACN Wizardry & Magic Inc. has announced a non-brokered private placement aiming to raise $1 million through the sale of common shares to bolster sales and fund new product development. Investors can opt for EBC Shares, qualifying for a 30% tax credit, with a five-year sale restriction. The capital influx is expected to strengthen BEACN’s growth in B2B and D2C sectors and enable long-term company stability, according to CEO Craig Fraser.

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