VIP Entertainment Technologies Inc (TSE:VIP) has released an update.
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VIP Entertainment Technologies Inc. has successfully completed a non-brokered private placement, raising $593,250 through the issuance of over 11 million units at $0.05 each. The funds are earmarked for business expansion and general working capital, with a portion of the units available without a hold period due to certain exemptions. VIP is a company that provides sports betting, casino games, and poker through its platforms, with a strategic focus on growth through affiliate relationships.
For further insights into TSE:VIP stock, check out TipRanks’ Stock Analysis page.
