Pure to Pure Beauty Completes Initial Funding Round

Pure to Pure Beauty Inc. (TSE:PPB) has released an update.

Pure to Pure Beauty Inc. has completed the first segment of its non-brokered private placement, raising CAD$277,600 by issuing over 13 million units at CAD$0.02 each, which includes common shares and share purchase warrants. The proceeds are earmarked for general corporate and working capital needs, with a statutory hold period for the securities issued. The company is poised to close a subsequent and final tranche by the end of May 2024.

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