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MineHub Technologies announces $2.5M financing and share consolidation (TSXV:MHUB:CA)
- MineHub Technologies (TSXV:MHUB:CA) said on Thursday it had arranged a non-brokered private placement to raise up to C$2.5M.
- The private placement will consist of ~22.73M units at a price of $0.11/unit, the company said.
- Each unit will consist of one common share and one transferable common share purchase warrant.
- The company plans to use the private placement proceeds for general administrative and working capital purposes.
- The company also announced that its board had approved consolidating its common shares on the basis of one post-consolidation share for every two pre-consolidation shares.
- Press Release
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