Keras Resources (GB:KRS) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Keras Resources has successfully raised £372,500 through a subscription of 14.9 million new shares, aimed at supporting its working capital amid its strategic expansion into the organic agricultural market. The funding, split between major shareholder Christopher Grosso and investor Joseph Carbone, will help bolster Keras’s operations and sales team as it focuses on its PhoSul® product and the US organic fertilizer market. This move positions Keras to strengthen its market presence and enhance its product offering in the rapidly growing organic sector.
For further insights into GB:KRS stock, check out TipRanks’ Stock Analysis page.