Good Natured Products (TSE:GDNP) has released an update.
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Good Natured Products Inc., renowned for its eco-friendly packaging and plant-based products, has successfully completed its non-brokered private placement offering, raising $938,399.88 through the issue of over 15 million units. Each unit includes a common share and a warrant, with the proceeds aimed at boosting working capital and supporting cost reduction activities. The offering, which also saw significant insider participation, is subject to a four-month hold period and regulatory approvals.
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