Grid Battery Metals (TSE:CELL) has released an update.
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Grid Battery Metals Inc. and AC/DC Battery Metals Inc. are set to enhance their financial prowess by listing AC/DC shares on the TSX Venture Exchange with an initial trading date to be announced soon. The companies have also secured conditional approval for a CAD$2 million non-brokered private placement, offering 40 million units to fund exploration and general corporate activities. This strategic move includes participation from insiders, adhering to regulatory standards and without altering the company’s control dynamics.
For further insights into TSE:CELL stock, check out TipRanks’ Stock Analysis page.
