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Volt Carbon Technologies Inc ( (TSE:VCT) ) has provided an announcement.
Volt Carbon Technologies Inc. has successfully closed the first tranche of its private placement, raising $110,000 through the issuance of 5,500,000 units at $0.02 per unit. Each unit includes a common share and a warrant, allowing the purchase of an additional share at $0.05 within 24 months. The company plans to close the second tranche by June 27, 2025, pending approval, which could strengthen its financial position and support its focus on energy storage and green energy initiatives.
More about Volt Carbon Technologies Inc
Volt Carbon Technologies Inc. is a publicly traded company specializing in carbon science with a focus on energy storage and green energy creation. The company holds mining claims in Ontario, Quebec, and British Columbia, Canada.
Average Trading Volume: 185,582
Technical Sentiment Signal: Sell
Current Market Cap: C$4.77M
Learn more about VCT stock on TipRanks’ Stock Analysis page.