Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest announcement is out from Canada Carbon ( (TSE:CCB) ).
Canada Carbon Inc. has announced a non-brokered private placement of up to 35 million units at $0.02 per unit, aiming to raise $700,000. The proceeds from this offering will be used for corporate and general working capital purposes, and it is subject to regulatory approvals. This move could enhance the company’s financial flexibility and support its operational needs.
More about Canada Carbon
Canada Carbon Inc. operates in the mining industry, focusing on the exploration and development of graphite deposits. The company is primarily involved in producing high-purity graphite, which is used in various industrial applications.
Average Trading Volume: 173,560
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$3.63M
Learn more about CCB stock on TipRanks’ Stock Analysis page.