Coloured Ties Capital Inc. (TSE:TIE) 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.
Coloured Ties Capital Inc. has clarified its financial engagements, announcing the successful repayment of a CAD$300,000 loan to Flowing Lithium Exploration Inc. with interest, and a separate ongoing CAD$265,000 loan to Canuck Lithium Corp., both involving company insiders. These transactions, which are considered ‘related party transactions’, are under exemptions due to their size relative to the company’s market cap. The company is actively working to resume trading on the TSX Venture Exchange.
For further insights into TSE:TIE stock, check out TipRanks’ Stock Analysis page.