GreenBank Capital (TSE:GBC) has released an update.
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GreenBank Capital has successfully closed the first tranche of its private placement, raising $591,419 by issuing over 16 million units. Despite this financial milestone, the company faces a delay in filing its annual financial statements due to ongoing restructuring efforts, which may lead to a failure-to-file cease trade order.
For further insights into TSE:GBC stock, check out TipRanks’ Stock Analysis page.