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Cheelcare Inc. ( (TSE:CHER) ) just unveiled an announcement.
Cheelcare Inc., formerly known as Departure Bay Capital Corp., has successfully completed its qualifying transaction with 9302204 Canada Inc. and will resume trading on the TSX Venture Exchange under the symbol ‘CHER’. The transaction involved a series of financial maneuvers, including a share consolidation, private placements, and conversion of debentures into shares, resulting in a total of 19,629,070 common shares issued and outstanding. This strategic move is expected to enhance Cheelcare’s market positioning and operational capabilities.
More about Cheelcare Inc.
Cheelcare Inc. operates in the technology sector and is classified as a Tier 2 Technology Issuer. The company focuses on innovative technological solutions, although specific products or services are not detailed in the release.
Average Trading Volume: 102,416
For an in-depth examination of CHER stock, go to TipRanks’ Overview page.