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The latest announcement is out from Looking Glass Labs Ltd. ( (TSE:LABZ) ).
Metasphere Labs Inc. has announced a non-brokered private placement to raise up to $750,000 through two offerings: the LIFE Offering and the Non-LIFE Offering. The LIFE Offering aims to raise $500,000 through the issuance of units that include common shares and warrants, while the Non-LIFE Offering seeks to raise $250,000 through the sale of common shares. The funds will be used for working capital, product development, and financial flexibility. This strategic move is expected to enhance Metasphere’s operational capabilities and strengthen its market position in the blockchain industry.
More about Looking Glass Labs Ltd.
Metasphere Labs Inc. specializes in integrating blockchain technology into real-world applications, with a focus on environmental sustainability and social impact.
Average Trading Volume: 18,378
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$1.61M
For an in-depth examination of LABZ stock, go to TipRanks’ Overview page.