ProStar Holdings Inc (TSE:MAPS) has released an update.
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ProStar Holdings Inc. is set to raise up to C$2 million through a non-brokered private placement, issuing units at C$0.16 each, with the goal of funding its sales and marketing initiatives as well as general working capital needs. The units include one common share and a purchase warrant, with the potential to accelerate the warrant expiry if certain conditions are met. Company insiders, including directors and officers, are expected to participate, indicating a strong internal confidence in the firm’s prospects.
For further insights into TSE:MAPS stock, check out TipRanks’ Stock Analysis page.
