Graphene Manufacturing Group Ltd (TSE:GMG) has released an update.
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Graphene Manufacturing Group Ltd. has increased its marketed offering from $2 million to $3.024 million due to high demand, issuing 7.2 million units at $0.42 each to bolster its financial position and fund research and development. The offering, which includes common shares and warrants, anticipates a closing date of May 7, 2024, pending necessary approvals including that of the TSX Venture Exchange.
For further insights into TSE:GMG stock, check out TipRanks’ Stock Analysis page.
