Newtopia (TSE:NEWU) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Newtopia Inc. has secured a $200,000 bridge loan from Bloom Burton & Co. for working capital and general administrative purposes while it advances its strategic process. The loan, which carries a 12% annual interest, is payable on demand and unsecured, indicating the company may need additional financing for future obligations.
For further insights into TSE:NEWU stock, check out TipRanks’ Stock Analysis page.
