Sweet Earth Holdings Completes Private Placement to Boost Operations

Sweet Earth Holdings ( (TSE:SE) ) has issued an update.

Sweet Earth Holdings Corporation has successfully closed a non-brokered private placement of 10,434,750 units at $0.115 per unit, raising gross proceeds of $1,199,996.25. The net proceeds from this offering will be used for paying the company’s payables and general working capital purposes, marking a strategic financial move to enhance its operational capabilities.

More about Sweet Earth Holdings

Sweet Earth Holdings Corporation is a reporting issuer in the provinces of British Columbia, Alberta, and Ontario, specializing in the development of hemp and CBD-related assets in Canada and the United States. The company is also exploring new business opportunities.

YTD Price Performance: -10.0%

Average Trading Volume: 2,029

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $285.4K

Learn more about SE stock on TipRanks’ Stock Analysis page.