KWESST Micro Systems (TSE:KWE) has released an update.
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KWESST Micro Systems Inc. successfully closed a CAD$3.4 million private placement with an institutional investor in the U.S., issuing pre-funded warrants and common share purchase warrants. The company plans to use the proceeds for general working capital. The offering was facilitated by ThinkEquity and is pending approval from the TSX Venture Exchange.
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