Graphene Manufacturing Group Ltd (TSE:GMG) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
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.
