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Power Group Projects Corp ( (TSE:PGP) ) has shared an announcement.
Power Group Projects Corp announced a non-brokered private placement to raise $100,000 through the issuance of 5,000,000 units at $0.02 per unit. The funds will primarily be used to cover auditing costs, general expenses, and project evaluation, with no insider participation in the financing. This move is expected to support the company’s operational needs and strategic evaluations.
More about Power Group Projects Corp
Power Group Projects Corp operates in the financial sector, focusing on investment and project evaluation services. The company is involved in raising capital through private placements and aims to allocate funds for auditing, general expenses, and project evaluations.
Average Trading Volume: 139,810
Technical Sentiment Signal: Sell
Current Market Cap: C$239.1K
For an in-depth examination of PGP stock, go to TipRanks’ Stock Analysis page.