An announcement from CubicFarm Systems ( (TSE:CUB) ) is now available.
CubicFarm Systems Corp. has announced its intention to complete a non-brokered private placement of up to 8,333,333 units at C$0.30 per unit, potentially raising up to C$2,500,000, with the possibility of upsizing to 9,000,000 units for C$2,700,000. This move, pending TSX Venture Exchange approval, aims to bolster the company’s working capital and corporate purposes, with no insider participation or finder’s fees involved.
More about CubicFarm Systems
CubicFarm Systems Corp. is a leading agricultural technology company focused on local chain agriculture. The company specializes in developing and providing innovative farming solutions to enhance food production efficiency and sustainability.
YTD Price Performance: 240.0%
Average Trading Volume: 9,865
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.29M
See more data about CUB stock on TipRanks’ Stock Analysis page.