SuperBuzz Inc (TSE:SPZ) has released an update.
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SuperBuzz Inc. has successfully closed the first tranche of its private placement, raising $448,000 through the issuance of special warrants. The proceeds will be used for marketing, sales initiatives, and general corporate purposes, while the company plans a share consolidation and a debt conversion agreement to settle $150,000 in debt.
For further insights into TSE:SPZ stock, check out TipRanks’ Stock Analysis page.