Halmont Properties (TSE:HMT) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Halmont Properties Corporation has successfully closed a C$50 million non-brokered private placement, issuing 50 million series II convertible preferred shares. The proceeds will be used to bolster their investments in the real estate and forest sectors and to pay down existing debt, enhancing financial flexibility.
For further insights into TSE:HMT stock, check out TipRanks’ Stock Analysis page.