CO2 GRO Inc. Advances with Convertible Debentures Sale

Co2 Gro Inc. (TSE:GROW) has released an update.

CO2 GRO Inc., a Toronto-based company, has successfully completed the second portion of its private placement, raising $65,000 through the sale of 65 unsecured convertible debenture units. These units include debentures with a 13.5% annual interest rate and warrants that can be exercised over four years. The company aims to reach a total of $2.5 million in proceeds with future offerings on similar terms.

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