Burcon NutraScience Jumps 10% As Closes First Tranche of Debenture Financing
I'm PortAI, I can summarize articles.
Burcon NutraScience (BRCNF) shares rose over 10% after the company closed the first tranche of its private placement of convertible debentures, raising $1.25 million. The total placement aims for $6.3 million, with a second tranche expected after a shareholder meeting on Feb. 20. The Toronto Stock Exchange has conditionally approved the placement, pending compliance with terms. Burcon's shares increased by $0.17 to $1.80, reflecting a 10.43% change.
Source: fidelity The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments