tiprankstipranks
ProStar Completes C$1.1M Funding Round
Company Announcements

ProStar Completes C$1.1M Funding Round

ProStar Holdings Inc (TSE:MAPS) has released an update.

Don't Miss Our Christmas Offers:

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.

For further insights into TSE:MAPS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskProStar Holdings Cuts Costs and Updates Incentive Plan
TipRanks Canadian Auto-Generated NewsdeskProStar Holdings Expands Fortune 500 Clientele
TipRanks Canadian Auto-Generated NewsdeskProStar’s PointMan Boosts Toronto’s Ontario Line Project
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App