Netcoins Holdings Inc (TSE:AXCP) has released an update.
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AXCAP VENTURES INC. has announced a non-brokered private placement aimed at raising up to $4.2 million through the sale of 70 million units at $0.06 each, with each unit comprising a common share and a purchase warrant. The warrants allow the purchase of additional shares at $0.72 over the next five years. The funds raised will be directed towards working capital, general corporate purposes, and investment in various sectors including technology and natural resources.
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