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FTI Foodtech International ( (TSE:FTI) ) just unveiled an announcement.
FTI Foodtech International Inc. has announced the appointment of Douglas Magallon, a seasoned media professional from Los Angeles, to its board of directors following the resignation of JoAnne Strongman. This addition brings expertise from the entertainment industry to the company’s leadership. Additionally, FTI Foodtech plans to undertake a private placement of up to 2,000,000 units at $0.12 per unit to raise funds for general working capital, with each unit comprising one common share and one warrant exercisable at $0.16 for 24 months.
More about FTI Foodtech International
YTD Price Performance: 63.64%
Average Trading Volume: 17,403
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$2.69M
Find detailed analytics on FTI stock on TipRanks’ Stock Analysis page.