TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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.