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Mobile Tornado Expands with £425,000 Share Subscription
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Mobile Tornado Expands with £425,000 Share Subscription

Mobile Tornado (GB:MBT) has released an update.

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Mobile Tornado Group has raised £425,000 through a subscription for new shares to support its business development and R&D consolidation, with plans to expand into the APAC region. The subscription includes 21,250,000 new shares and warrants, allowing investors to purchase shares at the same price for three years. This strategic move aims to enhance their position in global markets, especially in South America, Africa, and the Middle East.

For further insights into GB:MBT stock, check out TipRanks’ Stock Analysis page.

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