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Energy Plug Technologies ( (TSE:PLUG) ) has provided an update.
Energy Plug Technologies Corp. has announced a private placement aiming to raise up to $1.2 million through the issuance of 6,666,667 units, each consisting of one common share and one purchase warrant. The private placement is subject to regulatory approvals and offers flexibility in size adjustment. Additionally, Christopher McGillivray has been appointed as Controller and business development, while Broderick Gunning has departed the company.
More about Energy Plug Technologies
Energy Plug Technologies Corp. is an energy technology company focused on innovation and sustainability in energy storage applications across residential, commercial, and utility sectors. The company is based in British Columbia and collaborates with leading technology firms and Indigenous communities to provide solutions aimed at enhancing energy management and grid resiliency.
YTD Price Performance: 6.67%
Average Trading Volume: 34,174
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $10.11M
Learn more about PLUG stock on TipRanks’ Stock Analysis page.
