Canada Carbon (TSE:CCB) has released an update.
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Canada Carbon Inc. has completed a non-brokered private placement, successfully raising $135,675 through the issuance of over 2.4 million units at $0.055 each. These units, consisting of shares and warrants, are aimed at boosting the company’s general corporate funds. Notably, the company’s CEO, Ellerton Castor, participated in the placement, which adheres to regulatory exemptions for insider transactions.
For further insights into TSE:CCB stock, check out TipRanks’ Stock Analysis page.