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Element Nutritional Sciences Inc ( (TSE:MUSL) ) has shared an update.
Promino Nutritional Sciences Inc. has successfully closed an oversubscribed private placement, raising $864,050, surpassing their initial target of $750,000. The funds will be used to boost sales and fulfillment of their sports beverages, settle liabilities, and support general working capital, potentially enhancing their market position in the nutraceutical industry.
More about Element Nutritional Sciences Inc
Promino Nutritional Sciences Inc. is a Canadian nutraceutical company based in Burlington, Ontario, specializing in the development of patented, science-based products for muscle health. The company offers products like Rejuvenate Muscle Activator and Promino, which are designed to assist in muscle building, recovery, and strength enhancement for both professional and amateur athletes.
YTD Price Performance: -8.33%
Average Trading Volume: 171,992
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$5.64M
For an in-depth examination of MUSL stock, go to TipRanks’ Stock Analysis page.