Nuran Wireless (TSE:NUR) has released an update.
NuRAN Wireless Inc. has completed a US$ 5 million loan facility with the Facility for Energy Inclusion to expand its mobile and broadband wireless infrastructure solutions in Africa. The first tranche of US$ 2.5 million will facilitate the development of over 240 new sites, bolstering connectivity in underserved regions. Alongside this financing milestone, NuRAN has secured agreements to restructure outstanding debt, ensuring a stronger financial footing for continued expansion.
For further insights into TSE:NUR stock, check out TipRanks’ Stock Analysis page.
