An update from Pangea Natural Food, Inc. ( (TSE:PNGA) ) is now available.
Pangea Natural Foods Inc. has announced a non-brokered private placement offering of up to 20,000,000 common shares at $0.025 per share, aiming to raise up to $500,000 for general corporate purposes and working capital. Additionally, the company has reached debt settlement agreements with creditors, issuing 20,000,000 shares to settle $500,000 of outstanding debt, potentially improving its financial stability and market position.
More about Pangea Natural Food, Inc.
Pangea Natural Foods Inc. is a food manufacturing company that specializes in producing and distributing high-quality food products. These products are nutritious and free from GMO ingredients, fillers, antibiotics, hormones, and bioengineered ingredients.
YTD Price Performance: 16.67%
Average Trading Volume: 28,803
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$1.38M
Learn more about PNGA stock on TipRanks’ Stock Analysis page.