Simply Solventless Concentrates Ltd (TSE:HASH) has released an update.
Simply Solventless Concentrates Ltd. (TSXV: HASH) has announced an increase in its unit financing from the initially planned $3.5 million to potentially $3.85 million due to robust demand. Each unit offered includes a common share and a half-warrant, with full warrants exercisable at $0.40 per share over a two-year period, subject to an acceleration clause. The company plans to use the proceeds to fulfill service agreements, fund acquisitions, and invest in extraction equipment, with the financing’s completion contingent upon TSXV approval.
For further insights into TSE:HASH stock, check out TipRanks’ Stock Analysis page.
