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Therma Bright Targets $1M Capital Raise

Therma Bright Targets $1M Capital Raise

Therma Bright (TSE:THRM) has released an update.

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Therma Bright Inc. has launched a private placement to raise $1 million through the sale of units at $0.01 each, with added warrants for future share purchases at incremental prices. The funds are earmarked for investment in new technologies, settling debts, and general working capital. The offering is exclusive to qualified investors, with the possibility of paying finders’ fees, and is set to close by June 7, 2024.

For further insights into TSE:THRM stock, check out TipRanks’ Stock Analysis page.

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