BEACN Targets Growth with $1M Capital Raise
Company Announcements

BEACN Targets Growth with $1M Capital Raise

BEACN Wizardry & Magic Inc (TSE:BECN) has released an update.

BEACN Wizardry & Magic Inc. has announced a non-brokered private placement aiming to raise $1 million through the sale of common shares to bolster sales and fund new product development. Investors can opt for EBC Shares, qualifying for a 30% tax credit, with a five-year sale restriction. The capital influx is expected to strengthen BEACN’s growth in B2B and D2C sectors and enable long-term company stability, according to CEO Craig Fraser.

For further insights into TSE:BECN stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskBEACN Secures Funding for Business Expansion
TipRanks Canadian Auto-Generated NewsdeskBEACN Launches Revolutionary Streaming Audio Interface
TipRanks Canadian Auto-Generated NewsdeskBEACN Appoints New Corporate Secretary
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App