Esstra Industries (TSE:ESS) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Esstra Industries Inc. has successfully completed a shares for debt transaction, converting C$132,000 of debt into 1,320,000 common shares at C$0.10 each to improve its balance sheet and gear up for future growth. This move is part of the company’s strategy to enhance shareholder value and exercise financial prudence. All securities issued will be subject to a four-month hold period.
For further insights into TSE:ESS stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue