GreenBank Capital (TSE:GBC) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
GreenBank Capital has announced a revised private placement offering of $1.25 million, consisting of 25 million units priced at $0.05 each, to expedite the company’s goal of becoming debt-free. The offering includes both ‘Hard’ dollar units and ‘Flow through’ units, with an additional debt settlement plan to eliminate around $450,000 in debt, including amounts owed to directors and officers. The company aims to complete these financial maneuvers by the end of May 2024 as part of its aggressive investment support strategy.
For further insights into TSE:GBC stock, check out TipRanks’ Stock Analysis page.
