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Wi2Wi Corp ( (TSE:YTY) ) has issued an update.
Wi2Wi Corporation, listed on the TSX Venture Exchange, has announced the closing of the first tranche of its private placement, aimed at raising capital through the issuance of units comprising common shares and warrants. The first tranche raised CAD$365,000 by issuing 7,300,000 units at CAD$0.05 each, with the potential for further capital through a total planned offering of up to CAD$750,000. This strategic move is intended to enhance the company’s financial position, offering investors potential profit through share and warrant acquisition, subject to market performance.
More about Wi2Wi Corp
Average Trading Volume: 174,242
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$9.91M
Learn more about YTY stock on TipRanks’ Stock Analysis page.
