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An announcement from Global Hemp ( (TSE:GHG) ) is now available.
Global Hemp Group Inc. announced the closing of the first tranche of a non-brokered private placement, raising $90,000 through the issuance of 1,800,000 units at $0.05 each, with each unit comprising one common share and one purchase warrant. The funds will be used for general working capital. In addition, the company issued shares related to an amended option agreement with Serres Thériault and settled debt through share issuance, all subject to statutory hold periods. These moves aim to strengthen the company’s financial position and potentially expand its interest in Serres Thériault.
More about Global Hemp
Global Hemp Group Inc. is focused on two key business segments: Industrial Hemp and Health & Wellness (Biopharma).
YTD Price Performance: -25.00%
Average Trading Volume: 69,984
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$364.4K
For a thorough assessment of GHG stock, go to TipRanks’ Stock Analysis page.
