Zedcor Energy Inc. Enhances Retailer Security and Financial Health

Zedcor Energy Inc (TSE:ZDC) has released an update.

Zedcor Energy Inc. has bolstered its commercial presence by securing an expanded agreement to provide its MobileyeZ security towers to additional locations of a major North American home improvement retailer, now covering 21 stores and two distribution centers. The company also announced the repayment of a substantial debt, strengthening its balance sheet by using proceeds from a recent equity raise to settle a note payable that has been outstanding since 2016.

For further insights into TSE:ZDC stock, check out TipRanks’ Stock Analysis page.