NuRAN Wireless Boosts African Expansion with New Credit

Nuran Wireless (TSE:NUR) has released an update.

NuRAN Wireless Inc., a key player in wireless infrastructure, has secured an $800K credit facility to expand its presence in Africa, with 19 new sites completed, bringing its total to 183. The company has also amended a factoring agreement, with $1.911 million in receivables sold, providing immediate cash flow to support its working capital ahead of a $5M loan facility.

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