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An announcement from Nuran Wireless ( (TSE:NUR) ) is now available.
NuRAN Wireless has successfully closed a non-brokered private placement financing, raising CA$ 300,000 as part of its restructuring transaction. This interim step aims to convert up to CA$ 25,000,000 of debt into equity and raise an additional CA$ 5,000,000, with the proceeds used for working capital. The restructuring is pending until full disclosure obligations are met, with approval from the BCSC and CSE for the current stage.
More about Nuran Wireless
NuRAN Wireless is a leading rural telecommunications company specializing in providing wireless network coverage in remote and rural regions worldwide. The company offers scalable solutions using 2G, 3G, and 4G technologies, aiming to connect over a billion people efficiently and affordably.
Average Trading Volume: 356,066
Technical Sentiment Signal: Sell
Current Market Cap: C$634.4K
For detailed information about NUR stock, go to TipRanks’ Stock Analysis page.