Principal Technologies, Inc. (TSE:PTEC) has released an update.
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Principal Technologies Inc. has bolstered its financial standing by completing a private placement and converting debts into common shares, raising gross proceeds of $85,621. The company issued 342,484 units at $0.25 each and settled $90,875 in debts by issuing 363,500 common shares, pending final approval from the TSX Venture Exchange.
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