BluMetric Environmental (TSE:BLM) has released an update.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
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.