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Dr. Phone Fix Canada Corporation ( (TSE:DPF) ) has shared an update.
Dr. Phone Fix Canada Corporation has successfully completed the first tranche of its non-brokered private placement, raising over $1.2 million. This financing is a crucial step in the company’s strategic plan to double its store count from 35 to 70 within the next 12 to 18 months, supporting its growth through mergers and acquisitions and organic store openings. The offering includes common shares and warrants, with a second tranche expected soon, reflecting the company’s commitment to delivering long-term shareholder value.
More about Dr. Phone Fix Canada Corporation
Dr. Phone Fix is an award-winning, eco-friendly, and customer-centric leader in Canada’s cell phone and electronics repair and pre-owned resale industry. Founded in 2019, the company operates 35 corporately owned retail locations across Canada, offering fast and reliable device repairs, certified pre-owned devices, and a wide range of accessories. Dr. Phone Fix maintains strong relationships with OEMs and certified suppliers to ensure high-quality service and product offerings.
Average Trading Volume: 30,676
Technical Sentiment Signal: Buy
For detailed information about DPF stock, go to TipRanks’ Stock Analysis page.