tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Elixxer Ltd. Announces Cease Trade Revocation and Strategic Updates

Story Highlights
  • Elixxer Ltd. shares will be reinstated for trading after cease trade orders were revoked.
  • Elixxer is pursuing mergers and acquisitions and secured a new bridge loan for operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Elixxer Ltd. Announces Cease Trade Revocation and Strategic Updates

Elevate Your Investing Strategy:

An update from Elixxer ( ($TSE:ELXR.H) ) is now available.

Elixxer Ltd. has announced the revocation of cease trade orders, allowing its shares to be reinstated for trading. The company has updated its continuous disclosure obligations and held a successful AGM, approving a new stock option plan. New executive appointments have been made, and the company is actively pursuing merger and acquisition opportunities. Additionally, Elixxer has amended terms for outstanding loans and secured a new bridge loan to support its operations.

More about Elixxer

Elixxer Ltd. operates in the financial sector, focusing on investment and asset management. The company is involved in mergers and acquisitions and has a significant investment in Freia Farmaceutici Srl.

Technical Sentiment Signal: Sell

Current Market Cap: C$11.9M

For an in-depth examination of ELXR.H stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1