Frequency Exchange Corp (TSE:FREQ) has released an update.
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Frequency Exchange Corp. has successfully completed the initial tranche of its announced private placement, raising $130,000 through the issuance of 866,665 units at $0.15 each, which includes a common share and a purchasable warrant. These units are subject to a statutory hold period until August 31, 2024, and the placement awaits final approval from the TSX Venture Exchange. The Canadian company specializes in a wearable Frequency Delivery System aimed at enhancing wellness, with its latest technology branded as ‘NIKKI’.
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