Electric Royalties (TSE:ELEC) has released an update.
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.
Electric Royalties Ltd. has announced an amended offering document for its private placement of up to 22,222,223 units, aiming to raise approximately $4 million. Each unit, priced at C$0.18, includes a common share and a purchase warrant, with the offering contingent on raising at least $1.5 million. The offering is expected to close by January 9, 2025, subject to regulatory approvals.
For further insights into TSE:ELEC stock, check out TipRanks’ Stock Analysis page.