Graphene Manufacturing Group Secures $3.47M in Funding
Company Announcements

Graphene Manufacturing Group Secures $3.47M in Funding

Graphene Manufacturing Group Ltd (TSE:GMG) has released an update.

Graphene Manufacturing Group Ltd. has successfully closed a marketed public offering, raising approximately C$3.47 million through the sale of over 8 million units, each comprising a share and a purchase warrant. The funds are earmarked for bolstering the company’s financial position, supporting ongoing operations, and fueling research and development efforts. The offering was completed with Ventum Financial Corp. as the underwriter and includes a cash commission and compensation warrants for the underwriter.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskGraphene Manufacturing Group Advances THERMAL-XR®
TipRanks Canadian Auto-Generated NewsdeskGraphene Manufacturing Group Engages with Australian Government
TipRanks Canadian Auto-Generated NewsdeskGraphene Manufacturing Group Expands THERMAL-XR® ENHANCE Reach
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App