Business

Canadian NanoXplore Secures 30 Million Through Selling Shares

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BUSINESS

Canadian NanoXplore Secures 30 Million Through Selling Shares

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NanoXplore has just recently disclosed that by the way of selling shares to an underwriter organization led by National Bank Financial Inc. and Canaccord Genuity Corp. This most likely was made possible through their common shares graduating up to the Toronto Stock Exchange last year.

When interviewed, NanoXplore responds that this likely would most likely go towards general corporate purposes. This suggests an opportunity for new acquisitions, as they’ve already acquired Canuck Compounders a few months ago.

Photo by Michelle Spollen on Unsplash

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