RevoluGROUP Canada (TSE:REVO) has released an update.
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RevoluGROUP Canada Inc. has launched a private placement to raise CAD$2.5 million for business expansion and secured a USD$500,000 loan to bolster financial flexibility for growth. The investment offering includes units priced at $0.05, promising future share acquisition rights, while the loan from Meridien Holdings carries a 6.00% interest rate, underscoring confidence in the company’s strategic plans.
For further insights into TSE:REVO stock, check out TipRanks’ Stock Analysis page.