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GECC Launches $2M Private Placement for Expansion
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GECC Launches $2M Private Placement for Expansion

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Global Education Communities (TSE:GEC) has released an update.

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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.

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

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