Wellfield Technologies Inc (TSE:WFLD) has released an update.
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Wellfield Technologies Inc. has announced a second tranche drawdown of $100,000 from its $5 million equity financing facility with Alumina Partners, aimed at bolstering the fintech firm’s innovative blockchain solutions. The company, known for its Coinmama platform and Tradewind Markets digital asset trading, has issued new units at an increased price, signaling confidence from the investors. This financing move is subject to regulatory approval and carries a customary hold period.
For further insights into TSE:WFLD stock, check out TipRanks’ Stock Analysis page.
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