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Cross River Ventures ( ($TSE:CRVC.X) ) just unveiled an update.
Cross River Ventures Corp., a company listed on the Canadian Securities Exchange, has announced an update to its non-brokered private placement. The company plans to issue up to 144,000,000 common shares at CAD$0.005 per share, aiming to raise up to $720,000. The proceeds will be used to settle outstanding liabilities and for working capital. The offering is expected to close around November 21, 2025, subject to customary conditions and necessary approvals. This move is part of Cross River’s efforts to strengthen its financial position and support its operational needs.
Spark’s Take on TSE:CRVC.X Stock
According to Spark, TipRanks’ AI Analyst, TSE:CRVC.X is a Underperform.
Cross River Ventures shows significant financial distress with no revenue, negative equity, and reliance on external funding. Valuation metrics are weak, highlighted by a negative P/E ratio. Technical indicators reflect stagnant price movement, further underscoring financial and operational challenges. The lack of recent earnings call insights or corporate events means the analysis heavily focuses on existing financial and technical data, resulting in a low overall score.
To see Spark’s full report on TSE:CRVC.X stock, click here.
More about Cross River Ventures
Technical Sentiment Signal: Sell
Current Market Cap: C$720.1K
Find detailed analytics on CRVC.X stock on TipRanks’ Stock Analysis page.