Sharc International Systems Inc (TSE:SHRC) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
SHARC International Systems Inc. announces a private placement of 2,000 debenture units, aiming to raise $2 million for its growth and operational needs. Each unit includes a $1,000 principal amount 8.0% unsecured debenture and 5,000 share purchase warrants, supporting the company’s expansion in energy-efficient thermal systems. The offering will fund SHARC Energy’s working capital and general corporate purposes to enhance its sales pipeline and backlog.
For further insights into TSE:SHRC stock, check out TipRanks’ Stock Analysis page.