Carlyle Commodities (TSE:CCC) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Carlyle Commodities Corp. successfully completed the final phase of its non-brokered private placement, raising a total of $349,000 through the issuance of over 8.7 million units aimed to fund its Newton Project and general capital needs. Each unit, priced at $0.04, includes a share and a warrant, the latter allowing the purchase of an additional share at $0.10 within a three-year span. The company paid no finder’s fees for the second tranche but did pay $4,800 and issued 120,000 finder’s warrants for the entire placement.
For further insights into TSE:CCC stock, check out TipRanks’ Stock Analysis page.