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Darelle Online Solutions Announces $1.75 Million Private Placement

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The latest announcement is out from Darelle Online Solutions ( (TSE:DAR) ).

Darelle Online Solutions Inc. has announced a price reservation for a private placement of up to $1.75 million, involving the issuance of 14,583,333 units at $0.12 per unit. Each unit includes a common share and a warrant, with the proceeds aimed at debt repayment, platform development, and general working capital. This move is expected to enhance Darelle’s operational capabilities and strengthen its market position in the online raffle management sector.

More about Darelle Online Solutions

Darelle Online Solutions Inc. is a British Columbia-based corporation headquartered in Vancouver. It operates darelle.com, an online marketplace that enables charitable and nonprofit organizations to manage their raffle ticket and 50/50 draws entirely online. The company is listed on the TSX Venture Exchange as a Tier 2 Technology Issuer.

YTD Price Performance: -12.82%

Average Trading Volume: 21,768

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$417.7K

For detailed information about DAR stock, go to TipRanks’ Stock Analysis page.

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