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Canadian Nexus Team Ventures Announces Strategic Moves

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Canadian Nexus Team Ventures Announces Strategic Moves

Canadian Nexus Team Ventures Corp (TSE:TEAM) has released an update.

Canadian Nexus Team Ventures Corp. announced a fully subscribed private placement expected to close soon, aiming to raise $202,500 through the issuance of units. The company also sold two subsidiaries and settled a portion of its debt by issuing shares, marking a strategic move to revitalize its operations. Additionally, Canadian Nexus has brought on board David Pope to strengthen its business development team.

For further insights into TSE:TEAM stock, check out TipRanks’ Stock Analysis page.

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