Novra Technologies (TSE:NVI) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Novra Technologies Inc. has secured a convertible loan agreement worth over $12 million from a US-based private investment group, with a conversion option at $0.34 per share. The funds will be utilized to settle the company’s liabilities and boost working capital to enhance product lines and pursue market expansion. The deal is contingent on approval from the TSX Venture Exchange and potentially Novra’s shareholders.
For further insights into TSE:NVI stock, check out TipRanks’ Stock Analysis page.
