Abaxx Technologies Inc (TSE:ABXX) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Abaxx Technologies Inc. has announced a strategic financing deal worth C$2.795 million through a private placement of 215,000 common shares. The funds will be used to support general corporate needs and regulatory requirements for its subsidiaries, Abaxx Exchange and Abaxx Clearing. This move highlights Abaxx’s ongoing commitment to strengthen its market infrastructure and support the transition to a lower-carbon economy.
For further insights into TSE:ABXX stock, check out TipRanks’ Stock Analysis page.