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Jaguar Financial ( (TSE:MAXQ) ) has shared an update.
Maritime Launch Services Inc., a company operating within the launch services industry, has secured regulatory approval for a financing initiative amounting to approximately $1.6 million. This financing round includes converting short-term loans from existing shareholders, issuing shares for unpaid fees to officers and employees, and allocating proceeds for debenture redemption and operational expenses. The company also announced a two-year extension for its outstanding convertible debentures, involving a partial cash settlement and issuance of shares as an extension fee, which will impact its financial stability and operations moving forward.
More about Jaguar Financial
Average Trading Volume: 61,750
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$548.5K
For detailed information about MAXQ stock, go to TipRanks’ Stock Analysis page.