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Universal Digital Inc. Closes First Tranche of Private Placement

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Universal Digital Inc. Closes First Tranche of Private Placement

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Lode Metals Corp. ( (TSE:LFG) ) has issued an update.

Universal Digital Inc. announced the closing of the first tranche of its brokered private placement, raising $1,458,780 through the issuance of 2,431,300 units at $0.60 per unit. The proceeds are intended for a strategic investment in ReYuu Japan Inc. and for general corporate purposes, with the investment subject to customary closing conditions and regulatory approval in Japan.

More about Lode Metals Corp.

Universal Digital Inc. is a Canadian investment company focused on digital assets, businesses, and private and publicly listed entities in high-growth industries, with a particular focus on blockchain, cryptocurrencies, and cryptocurrency technologies. The company aims to provide shareholders with long-term capital growth through a diversified investment approach and to participate in the transformation of global finance through the integration of digital asset strategies.

Average Trading Volume: 49,777

Technical Sentiment Signal: Buy

Current Market Cap: C$34.81M

Learn more about LFG stock on TipRanks’ Stock Analysis page.

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