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An update from Frequency Exchange Corp ( (TSE:FREQ) ) is now available.
Frequency Exchange Corp. has successfully closed the first tranche of its non-brokered private placement, raising $103,525 by issuing 414,102 units at $0.25 per unit. Each unit includes a common share and a warrant, with proceeds intended for corporate purposes, working capital, liabilities, and marketing initiatives. This move is subject to final approval by the TSX Venture Exchange and reflects the company’s strategic financial planning to support its operations and market positioning.
More about Frequency Exchange Corp
Based in British Columbia, Canada, Frequency Exchange is focused on the development and global commercialization of a wearable Frequency Delivery System. Their specialized frequency sets are designed to enhance wellness and improve performance. The brand ‘NIKKI’ represents the third generation of wearable technology created by the company, aimed at improving health conditions such as Lyme disease through advanced bioenergetic technology.
YTD Price Performance: -0.91%
Average Trading Volume: 8,595
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$6.5M
For detailed information about FREQ stock, go to TipRanks’ Stock Analysis page.