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Principal Technologies ( (TSE:PTEC) ) just unveiled an announcement.
Principal Technologies Inc. has announced a non-brokered private placement financing of 1,000,000 common shares at $0.25 per share, raising $250,000 for general working capital purposes. The offering involves a significant shareholder and is subject to statutory hold periods and requisite approvals. Additionally, the company has granted 2,350,000 conditional stock options to directors, officers, and consultants, pending shareholder approval at the upcoming annual meeting.
More about Principal Technologies
Principal Technologies Inc. is a Canadian-based healthcare acquisition company focused on building a portfolio of profitable healthcare technology companies. The company targets those with global distribution potential and intellectual property that can enhance medical treatment quality, cost efficiency, optimize the patient pathway, and implement point of care technologies.
YTD Price Performance: 25.00%
Average Trading Volume: 154,709
Technical Sentiment Signal: Sell
Current Market Cap: C$7.51M
Find detailed analytics on PTEC stock on TipRanks’ Stock Analysis page.