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Dominion Water Reserves ( (TSE:PRME) ) has provided an update.
Prime Drink Group Corp has successfully closed a $1.8 million non-brokered private placement, issuing over 10 million common shares and 7 million share purchase warrants. This financing indicates strong investor confidence in Prime’s growth strategy, which focuses on expanding its water, beverage, and influencer media activities. The company plans to use the proceeds for business development and general working capital. Additionally, Jean-Denis Côté has resigned from the Board of Directors to pursue other opportunities.
More about Dominion Water Reserves
Prime Drink Group Corp (CSE: PRME) is a Québec-based corporation focused on becoming a leading diversified holding company in the beverage, influencer media, and hospitality sectors.
YTD Price Performance: -1.43%
Average Trading Volume: 20,277
Technical Sentiment Signal: Sell
Current Market Cap: $43.14M
Find detailed analytics on PRME stock on TipRanks’ Stock Analysis page.