Three Sixty Solar Ltd. (TSE:VSOL) has released an update.
Three Sixty Solar Ltd. has successfully completed the initial tranche of a private placement, offering units at $0.15 each to raise capital for the company’s future endeavors, including an investor awareness campaign and general working capital. These units comprise a common share and a purchase warrant, with the latter allowing investors to buy additional shares at a set price over the next two years. The company aims to secure up to $500,000 through this effort, pending final stock exchange approval.
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