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An announcement from Lode Metals Corp. ( (TSE:LFG) ) is now available.
Universal Digital Inc. announced the successful closing of an oversubscribed non-brokered private placement, issuing 3.2 million common shares at $0.50 per share, raising $1.6 million in gross proceeds. The company plans to use the net proceeds for general working capital purposes, with the offering subject to final acceptance from the Canadian Securities Exchange. This move underscores Universal Digital’s strategic focus on leveraging digital asset opportunities to enhance its market position and provide long-term growth for its stakeholders.
More about Lode Metals Corp.
Universal Digital Inc. is a Canadian investment company focused on digital assets, businesses, and private and publicly listed entities involved in high-growth industries, particularly blockchain, cryptocurrencies, and cryptocurrency technologies. The company aims to provide shareholders with long-term capital growth through a diversified investment approach and to participate in the transformation of global finance through the integration of digital asset strategies.
Average Trading Volume: 137,373
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$30.97M
See more insights into LFG stock on TipRanks’ Stock Analysis page.