Global Education Communities (TSE:GEC) has released an update.
Global Education Communities Corp. (GECC) is set to raise $2 million through a non-brokered private placement by issuing debentures with a 10% annual interest rate, convertible into common shares at set prices over two years. The company, a major player in education and student housing investments, operates various educational institutions and has a substantial portfolio in education-related real estate.
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