BlueRush Media (TSE:BTV) has released an update.
BlueRush Inc., a personalized video SaaS company, has successfully secured $900,000 in an initial closing of its non-brokered private placement, aiming for a total of $1,020,000. Significant contributions came from entities controlled by company directors, with the funds raised through the sale of units consisting of common shares, warrants, and convertible debentures. This strategic financial move bolsters BlueRush’s capital without the need for finders fees, signifying investor confidence in the company’s growth potential.
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