Zedcor Inc. Announces $20M Public Offering for Expansion

Zedcor Energy Inc ( (TSE:ZDC) ) has issued an update.

Zedcor Inc. has announced a $20 million bought deal public offering, facilitated by Beacon Securities Limited and other underwriters. The proceeds from this offering will be utilized for the expansion of Zedcor’s service platform, increased marketing efforts, and enhancement of its MobileyeZTM security towers fleet, particularly targeting the U.S. market, pending necessary approvals.

More about Zedcor Energy Inc

Zedcor Inc. operates in the energy sector and specializes in providing security services, particularly through its MobileyeZTM security towers. The company focuses on expanding its service platform across Canada and the United States, responding to strong market demand, particularly in the U.S.

YTD Price Performance: -1.71%

Average Trading Volume: 235,526

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$331.4M

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