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Coloured Ties Capital Inc. Announces $750,000 Private Placement and Investee Updates

Story Highlights
  • Coloured Ties Capital Inc. launches a private placement to raise $750,000.
  • Investee updates include Lafleur Minerals’ gold production and First Towers’ expansion in Mexico.
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Coloured Ties Capital Inc. Announces $750,000 Private Placement and Investee Updates

Confident Investing Starts Here:

An update from Coloured Ties Capital ( (TSE:TIE) ) is now available.

Coloured Ties Capital Inc. has announced a non-brokered private placement aiming to raise up to $750,000 through the issuance of 3,750,000 units, each comprising a common share and a purchase warrant. The proceeds will be utilized for corporate and general working capital purposes, with the offering subject to regulatory approvals. The company also provided updates on its investee companies, Lafleur Minerals Inc. and First Towers and Fiber Corp. Lafleur is advancing its gold production efforts in Québec, while First Towers is expanding its telecommunications infrastructure in Mexico and merging with Akanda Corp.

More about Coloured Ties Capital

Coloured Ties Capital Inc. operates in the investment sector, focusing on strategic investments in various industries. The company engages in private placements and other financial activities to support its corporate and general working capital needs.

Average Trading Volume: 14,142

Technical Sentiment Signal: Sell

Current Market Cap: C$3.05M

Learn more about TIE stock on TipRanks’ Stock Analysis page.

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