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An announcement from Plank Ventures Ltd. ( (TSE:PLNK) ) is now available.
Plank Ventures Ltd. has borrowed a total of $275,000 CAD, $225,000 from Code Consulting Ltd and $50,000 from Phoenix Ventures Inc., with both loans bearing 12% annual interest and maturing on June 30th, 2025. These transactions are related party dealings under regulatory guidelines, with the funds intended for general working capital purposes, indicating strategic financial maneuvers to support the company’s ongoing operations.
More about Plank Ventures Ltd.
Plank Ventures Ltd. is an investment company focusing on technology, specifically targeting early-stage start-up companies that already have a customer and revenue base and are seeking funding for expansion.
YTD Price Performance: -6.25%
Average Trading Volume: 4,485
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.33M
For detailed information about PLNK stock, go to TipRanks’ Stock Analysis page.