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The latest update is out from Snowy Owl Gold ( (TSE:TNJ) ).
Boba Mint Holdings has closed the first tranche of its non-brokered private placement, raising $250,000 through the issuance of 2.5 million common shares at $0.10, fully subscribed by insider Andrew Shore, CEO and founder of WERD Studios. The funds will be used for general working capital and to advance game development and platform growth at WERD Studios, while Shore’s increased stake to about 19.43% triggers early warning disclosure requirements and underscores management’s stated confidence in the company’s strategy and portfolio progress, including at its Amino platform, as it seeks to scale user engagement and build long-term shareholder value.
More about Snowy Owl Gold
Boba Mint Holdings Ltd. is a Vancouver-based blockchain gaming and digital innovation company that, directly and through its wholly owned subsidiary WERD Studios, develops and invests in consumer apps and blockchain projects that combine cutting-edge technology, gamification, and real-world utility, with a mission to create engaging, positive-impact products used in everyday life.
Average Trading Volume: 271,589
Technical Sentiment Signal: Sell
Current Market Cap: C$5.15M
Find detailed analytics on TNJ stock on TipRanks’ Stock Analysis page.