Rivalry Corp (TSE:RVLY) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Rivalry Corp has successfully closed the initial tranche of a non-brokered private placement, raising approximately $1.94 million, with the potential to reach up to $3 million. The funds will be used for corporate development and general working capital, highlighting strong insider and shareholder support. Each unit sold includes a voting share and half a warrant, offering potential future investment growth.
For further insights into TSE:RVLY stock, check out TipRanks’ Stock Analysis page.