Flow Beverage Corp. (TSE:FLOW) has released an update.
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Flow Beverage Corp. has secured a CAD$4.1 million loan from RI Flow LLC to bolster its financial position and accelerate profitability goals. This loan will support the growth of the Flow brand, working capital, and general corporate purposes, with a focus on scaling their co-pack business and launching new products. The transaction is a related party transaction, subject to approval by the Toronto Stock Exchange.
For further insights into TSE:FLOW stock, check out TipRanks’ Stock Analysis page.
