GCAC Secures Funds and Settles Debt

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

Global Compliance Applications Corp. (GCAC) recently completed a non-brokered private placement, securing $30,000 by issuing 1.5 million units at $0.02 each, alongside a debt settlement of $90,000 through the issuance of 4.5 million units. The proceeds are earmarked for general working capital, and both transactions involve a four-month hold period per Canadian securities laws. The company specializes in blockchain and machine learning technologies for business improvements, featuring solutions like Efixii and clearESG for value chain optimization and sustainability reporting.

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