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GCAC Announces Funding and Debt Settlement Plans
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GCAC Announces Funding and Debt Settlement Plans

Global Cannabis Applications (TSE:APP) has released an update.

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Global Compliance Applications Corp. (GCAC) has announced a private placement aiming to raise $30,000 by offering up to 1.5 million units, alongside settling $90,000 in debt with creditors through the issuance of 4.5 million units. The units include common shares and warrants, with the proceeds intended for general working capital purposes. The company is known for its blockchain and machine learning solutions, including its Efixii platform and clearESG for supply chain and sustainability improvements.

For further insights into TSE:APP stock, check out TipRanks’ Stock Analysis page.

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