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Monitor Ventures Inc. Settles Debt and Launches Private Placement

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Monitor Ventures Inc. Settles Debt and Launches Private Placement

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The latest update is out from Monitor Ventures Inc ( ($TSE:MVI.H) ).

Monitor Ventures Inc. has announced the settlement of $100,000 in shareholder loans through the issuance of 1,330,000 common shares, including a related party transaction with a company director. Additionally, the company is initiating a private placement of 665,000 shares to raise $49,875 for liability reduction and working capital, subject to regulatory approvals.

More about Monitor Ventures Inc

Monitor Ventures Inc. operates in the financial sector, focusing on managing shareholder loans and investments. The company is involved in transactions that include debt settlements and private placements, indicating a focus on financial restructuring and capital management.

Average Trading Volume: 17,477

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$293K

Learn more about MVI.H stock on TipRanks’ Stock Analysis page.

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