Nanalysis Scientific Corp (TSE:NSCI) has released an update.
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Nanalysis Scientific Corp. successfully completed a prospectus exempt offering and concurrent private placement, resulting in the issuance of over 11 million units and raising nearly $5 million. The funds are earmarked for business expansion and working capital purposes. Each unit includes a common share and a half-warrant, which could potentially accelerate in value if certain trading conditions are met.
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