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TrustBIX Completes Private Placement to Boost Capital

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TrustBIX Completes Private Placement to Boost Capital

TrustBix, Inc. (TSE:TBIX) has released an update.

Confident Investing Starts Here:

TrustBIX Inc. has successfully closed its second and final tranche of a non-brokered private placement, issuing a total of 4,340,000 common shares at $0.02 each, raising $86,800. The funds will be used for ongoing working capital, demonstrating TrustBIX’s commitment to enhancing its financial stability. Notably, company insiders participated in the offering, which involved a related party transaction but was exempt from additional regulatory requirements.

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

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