G2 Energy Corp. (TSE:GTOO) has released an update.
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G2 Energy Corp. has successfully completed the final tranche of its non-brokered private placement, issuing 84,000 common shares and over 6 million units to settle a total of $313,995 in debt. The units issued come with warrants that allow holders to purchase additional shares, potentially expiring earlier if stock prices rise significantly. This strategic financial maneuver also involved participation from company insiders, which is deemed a related party transaction.
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