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Hillcrest Energy Technologies ( (TSE:HEAT) ) just unveiled an announcement.
Hillcrest Energy Technologies has successfully closed the second and final tranche of its non-brokered private placement of unsecured convertible debentures, raising a total principal amount of $2,606,748.17. This financing move, which included significant debt settlement, positions the company to potentially enhance its financial flexibility and operational capabilities, impacting its market positioning and providing strategic options for stakeholders.
More about Hillcrest Energy Technologies
Hillcrest Energy Technologies operates in the energy sector, focusing on innovative energy solutions. The company is involved in the development and commercialization of clean energy technologies, with a market focus on enhancing energy efficiency and sustainability.
YTD Price Performance: -12.50%
Average Trading Volume: 264,215
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$10.8M
Find detailed analytics on HEAT stock on TipRanks’ Stock Analysis page.