Hillcrest Energy Technologies (TSE:HEAT) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Hillcrest Energy Technologies has finalized the latest drawdown from its $5 million equity facility, securing $540,000 for technology development, commercialization, and working capital. This transaction includes the issuance of over 2 million units, combining shares and warrants, and additional shares to cover drawdown fees. The company’s ongoing financing through this facility totals approximately $1.47 million and includes a mix of shares and warrants issued.
For further insights into TSE:HEAT stock, check out TipRanks’ Stock Analysis page.
