tiprankstipranks
Sparta Capital Completes Funding Round Successfully
Company Announcements

Sparta Capital Completes Funding Round Successfully

Story Highlights

Sparta Capital (TSE:SAY) has released an update.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

Sparta Capital has successfully completed a non-brokered private placement, issuing over 5 million units at $0.02 each to raise a total of CDN $102,030. The company plans to use the proceeds to cover audit, legal, and license fees, ensuring no funds will go to non-arm’s length parties or investor relations activities. The transaction is subject to final approval by the TSX Venture Exchange and will be subject to a four-month hold period.

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

Related Articles
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