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Element Nutritional Sciences Inc ( (TSE:MUSL) ) has issued an announcement.
Promino Nutritional Sciences Inc. has revised the pricing terms of its previously announced private placement, increasing the unit price to $0.03 from $0.02 while leaving all other terms unchanged. The company plans to allocate the net proceeds primarily to accelerate growth through inventory investment and to fund general corporate purposes, explicitly excluding accrued salaries for officers and directors and investor relations expenses, signaling a focus on operational expansion and product availability rather than executive compensation or promotional activities.
More about Element Nutritional Sciences Inc
Promino Nutritional Sciences Inc. is a Canadian innovation company focused on science-based, clinically proven nutrition products for muscle health and recovery. Its core offering, Rejuvenate Muscle Health, is a clinically researched amino acid formula designed to rebuild and restore muscle tissue, and the company also markets Promino, an NSF Certified for Sport supplement used by elite athletes and endorsed by high-profile sports ambassadors.
Average Trading Volume: 440,491
Technical Sentiment Signal: Sell
Current Market Cap: C$2.73M
Find detailed analytics on MUSL stock on TipRanks’ Stock Analysis page.