Birchtree Investments Ltd. (TSE:BRCH) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Birchtree Investments Ltd. has finalized its acquisition of a significant stake in Valkyrie Specialty Corporation, a Texas-based oil and gas service provider specializing in well remediation. With the investment, Birchtree now controls 30.6% of Valkyrie’s parent company and has the right to appoint a director. The deal involved Birchtree investing C$499,500 and issuing 5 million of its own shares to Valkyrie Holdco.
For further insights into TSE:BRCH stock, check out TipRanks’ Stock Analysis page.