Powerband Solutions (TSE:PBX) has released an update.
PowerBand Solutions Inc. has successfully completed the initial portion of its non-brokered private placement, raising CAD $1,040,000 by issuing 69,333,332 common shares at CAD $0.015 each. The funds from this first tranche will primarily support the company’s growth initiatives and general corporate needs, including lease origination. This fintech company is known for its cloud-based transaction platform, DRIVRZTM, which is revolutionizing vehicle trading and financing experiences in the automotive industry.
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