GreenBank Capital (TSE:GBC) has released an update.
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GreenBank Capital has announced a successful funding round for its investee company, Beelivery, raising over £1 million, which enhances the value of GreenBank’s asset portfolio. The investment, translating to approximately CAD $4.63 million, adds CAD $0.037 to the Net Asset Value (NAV) per share of GreenBank. Beelivery, a leading UK on-demand grocery delivery service, is poised for expansion into new markets within the year.
For further insights into TSE:GBC stock, check out TipRanks’ Stock Analysis page.
