NTG Clarity Networks (TSE:NCI) has released an update.
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NTG Clarity Networks has successfully completed its brokered financing, raising C$5.208 million through the issuance of 3.72 million units to support its expansion in digital transformation solutions. Each unit includes one common share and half a warrant, with full warrants exercisable at C$2.00 for 24 months. The proceeds will enhance the company’s Egypt and Saudi operations, and bolster working capital and general corporate purposes.
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