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Stardust Solar Energy Inc. ( (TSE:SUN) ) has shared an announcement.
Stardust Solar Energy Inc. has completed the first tranche of its non-brokered private placement, raising $510,500 through the issuance of 5,105,000 units. Each unit includes one common share and one warrant, allowing the purchase of an additional share. The proceeds will support the company’s operational expansion, marketing, and working capital. This move is expected to enhance Stardust Solar’s market positioning in the renewable energy sector.
More about Stardust Solar Energy Inc.
Stardust Solar Energy Inc. is a North American franchisor specializing in renewable energy installation services, including solar panels, energy storage systems, and electric vehicle supply equipment. The company supports entrepreneurs with business management services, equipment, and comprehensive support, aiming to drive the adoption of clean energy solutions across Canada and the United States.
Average Trading Volume: 98,972
Technical Sentiment Signal: Sell
Current Market Cap: C$4.26M
See more insights into SUN stock on TipRanks’ Stock Analysis page.