Global Education Communities (TSE:GEC) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Global Education Communities Corp. (GECC) is set to raise $2 million through a non-brokered private placement by issuing debentures with a 10% annual interest rate, convertible into common shares at set prices over two years. The company, a major player in education and student housing investments, operates various educational institutions and has a substantial portfolio in education-related real estate.
For further insights into TSE:GEC stock, check out TipRanks’ Stock Analysis page.