Nanoxplore (TSE:GRA) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
NanoXplore Inc., a leader in graphene technology, has secured a $60M credit facility with RBC to enhance liquidity and support its five-year strategic plan. The facility includes a revolving credit line, equipment leasing, and term loans, and will allow for the repayment of existing debts. This financial boost is coupled with an anticipated $80M in government incentives, positioning the company for significant growth and capital projects through 2026.
For further insights into TSE:GRA stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue