ProStar Holdings Inc (TSE:MAPS) has released an update.
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ProStar Holdings Inc., renowned for its Precision Mapping Solutions, successfully completed the final segment of its non-brokered private placement, raising C$1.1 million and reaching a total of C$2.5 million from the sale of its units. Investors purchasing these units received common shares and warrants, with the possibility of an accelerated expiry for the warrants under certain conditions. The funds are earmarked for sales, marketing, and working capital, with a portion allocated to reducing the company’s working capital deficit.
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