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Waverunner Capital ( (TSE:WRUN) ) has provided an announcement.
Waverunner Capital Inc. has successfully completed a non-brokered private placement, raising $245,000 through the issuance of 4,900,000 common shares at $0.05 per share. The proceeds will bolster the company’s working capital, address outstanding payables, and support future expansion initiatives, marking a pivotal step in its restructuring and positioning for growth. This milestone underscores stakeholder confidence in Waverunner’s vision and long-term plans to deliver value to shareholders.
More about Waverunner Capital
Waverunner Capital Inc. operates in the investment sector, focusing on providing strategic funding and advisory support to early-stage companies in industries such as biotechnology, renewable energy, and plant-based wellness. The company aims to leverage its expertise to drive innovation and growth within its portfolio businesses.
YTD Price Performance: -14.29%
Average Trading Volume: 18,551
Technical Sentiment Signal: Sell
Current Market Cap: C$297.7K
Find detailed analytics on WRUN stock on TipRanks’ Stock Analysis page.