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.
The latest update is out from EastCoal ( (TSE:CTH) ).
CoTec Holdings Corp., a company listed on the TSX Venture Exchange, has amended its convertible loan agreement with Kings Chapel International Limited, increasing the principal amount available by $2.5 million. This amendment allows for the conversion of the loan into common shares under specific conditions, which could impact the company’s share structure and market position, while also being a related party transaction exempt from certain regulatory requirements.
More about EastCoal
YTD Price Performance: -10.94%
Average Trading Volume: 19,287
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$40.48M
For detailed information about CTH stock, go to TipRanks’ Stock Analysis page.