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Invictus Financial ( ($TSE:MPTH.H) ) has issued an announcement.
Mapath Capital Corp. has successfully closed a non-brokered private placement, issuing 12,100,000 common shares at $0.05 per share, raising gross proceeds of CDN $605,000. The funds will be used for working capital and debt repayment. Additionally, the company has completed a shares-for-debt transaction to settle $38,400 of non-cash payables with two creditors. The securities issued are subject to a regulatory hold period until March 15, 2026. Two insiders participated in the offering, acquiring a total of 800,000 shares and receiving 768,000 shares through the shares-for-debt transaction.
More about Invictus Financial
YTD Price Performance: 233.33%
Average Trading Volume: 49,908
Technical Sentiment Signal: Buy
Current Market Cap: C$1.31M
For an in-depth examination of MPTH.H stock, go to TipRanks’ Overview page.