International Prospect Ventures (TSE:IZZ) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
International Prospect Ventures Ltd. is planning to issue 1.2 million common shares to settle $60,000 of debt and is launching a private placement to raise $300,000, offering 6 million units at $0.05 each. The shares and units will be subject to a four-month hold period, with the transactions positioned as related party dealings under exemptions provided by market regulations. Participation by company directors and officers in the private placement is anticipated, also under specific regulatory exemptions.
For further insights into TSE:IZZ stock, check out TipRanks’ Stock Analysis page.
