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The latest update is out from Venerable Ventures ( (TSE:VLV) ).
Venerable Ventures Ltd. has issued 1,562,500 share purchase warrants as a bonus for a C$250,000 loan received from various lenders, including 687,500 warrants to two insiders, marking a related party transaction. This move aims to strengthen the company’s financial standing and involves a hold period for the warrants, reflecting strategic positioning within the market and adherence to regulatory requirements.
More about Venerable Ventures
Venerable Ventures Ltd. operates within the financial services industry, focusing on investment and venture capital. The company provides financial solutions and services, including issuing share purchase warrants, to support its growth and market position.
YTD Price Performance: 1.67%
Average Trading Volume: 10,875
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$3.28M
For detailed information about VLV stock, go to TipRanks’ Stock Analysis page.
