KWESST Micro Systems (TSE:KWE) has released an update.
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KWESST Micro Systems Inc. has completed a registered direct offering, generating gross proceeds of approximately $943,000 by selling over 4.7 million common shares at $0.20 each. In addition, the company conducted a concurrent private placement of unregistered warrants. The funds raised are intended for working capital and general corporate purposes.
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