GCAC Completes Financing Round and Debt Settlement

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

Global Compliance Applications Corp. has successfully completed a private placement, raising $10,000 through the sale of 500,000 units at $0.02 each, alongside settling debts of $163,940 with the issuance of over 8 million units. The funds from the private placement are earmarked for general working capital, with all issued securities subject to a four-month hold period. GCAC specializes in blockchain and machine learning technologies to enhance business processes across various industries.

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