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Parvis Invest Inc ( (TSE:PVIS) ) has provided an announcement.
Parvis Invest Inc. has announced a second C$300,000 tranche of its non-brokered private placement of unsecured convertible debentures, matching the size of its first tranche and bringing total proceeds from the offering to C$600,000, subject to TSX Venture Exchange approval. The debentures, bearing 10% annual interest, a 24-month term and a conversion price of C$0.20 per common share, will be used for general working capital and to support the continued development and expansion of Parvis’s technology platform and investment product lineup, underscoring its effort to strengthen its capital base and advance its position in the real estate and alternative investments market.
More about Parvis Invest Inc
Parvis Invest Inc. is a Vancouver-based, technology-driven investment platform that provides streamlined access to institutional-quality real estate and alternative investments. Operating under Canadian licenses with national presence, the company combines regulatory infrastructure, marketing expertise and end-to-end technology to simplify private investing for both individual and institutional investors.
Average Trading Volume: 57,795
Technical Sentiment Signal: Buy
Current Market Cap: C$6.92M
Learn more about PVIS stock on TipRanks’ Stock Analysis page.