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Blue Horizon Cancels Shares to Refocus Investment Strategy

Story Highlights
  • Blue Horizon canceled over 101 million shares, including those from a key acquisition.
  • The company is focused on strategic investments to deliver long-term shareholder value.
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Blue Horizon Cancels Shares to Refocus Investment Strategy

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Sensor Technologies Corp ( (TSE:BHCC) ) has issued an announcement.

Blue Horizon Global Capital Corp. announced the cancellation of 101,721,227 common shares, including those issued for the acquisition of a stake in Blockchain Assets Management Group Limited. This move aligns with the company’s strategic focus on evaluating high-potential investment opportunities to deliver long-term value to shareholders. Blue Horizon remains committed to deploying capital effectively and responsibly, although there is no guarantee of completing any transactions.

More about Sensor Technologies Corp

Blue Horizon Global Capital Corp. is an investment company focused on identifying promising companies with excellent projects or innovative technologies. The company aims to maximize returns for its shareholders through capital appreciation and investment income, investing in both private and publicly listed entities across various sectors, including technology, software development, and biotechnology.

Technical Sentiment Signal: Sell

Current Market Cap: C$1.71M

Learn more about BHCC stock on TipRanks’ Stock Analysis page.

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