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Darelle Online Solutions Seeks TSX Approval for Private Placement and Development Funding

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Darelle Online Solutions Seeks TSX Approval for Private Placement and Development Funding

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Darelle Online Solutions ( (TSE:DAR) ) has provided an announcement.

Darelle Online Solutions Inc. has submitted filings to the TSX Venture Exchange for approval of a private placement, finder’s fee, and share for debt settlement. The company plans to raise up to $525,000 through the issuance of 5,250,000 units, each comprising one common share and one share purchase warrant. The proceeds are intended to fund the development of Darelle’s Online Raffle Platform and general working capital. The transactions are subject to exchange approval and compliance with securities laws, with securities issued under a four-month hold period.

More about Darelle Online Solutions

Darelle Online Solutions Inc. is a British Columbia-based company headquartered in Vancouver. It operates as an online marketplace that provides a platform for 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.

Average Trading Volume: 10,488

Technical Sentiment Signal: Hold

Current Market Cap: C$589.7K

For an in-depth examination of DAR stock, go to TipRanks’ Stock Analysis page.

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