BluMetric Environmental (TSE:BLM) has released an update.
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BluMetric Environmental Inc. is launching a private placement to raise up to $3.5 million through the issuance of 4.375 million common shares. The company also plans a concurrent non-brokered offering to raise an additional $500,000, aiming to use the proceeds for corporate and working capital purposes.
For further insights into TSE:BLM stock, check out TipRanks’ Stock Analysis page.