Captiva Verde Advances Affordable Housing and Padel Team Sale
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Captiva Verde Advances Affordable Housing and Padel Team Sale

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Captiva Verde Land (TSE:PWR) has released an update.

Captiva Verde Wellness Corp. has announced a private placement worth 150 million units to bolster general working capital and initiate the development of affordable housing in New Brunswick. In parallel, the company is in talks to sell back the Miami Padel team, potentially reversing a significant share and warrant issuance or otherwise selling the team to the highest bidder.

For further insights into TSE:PWR stock, check out TipRanks’ Stock Analysis page.

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