• Fineqia International (FNQ) has upsized its non-brokered private placement for gross proceeds of up to $5 million
  • The company has closed the first tranche of the offering, raising gross proceeds of $345,000
  • Bundeep Singh Rangar, CEO of Fineqia, sat down with Sabrina Cuthbert to discuss the capital raise
  • Fineqia International provides an online platform and associated services for the placement of debt instruments
  • Fineqia International Inc. (FNQ) opened trading at C$0.005

Fineqia International (FNQ) has upsized its non-brokered private placement for gross proceeds of up to $5 million.

The company will issue up to 500,000,000 units for $0.01 per unit.

The company has closed the first tranche of the offering, raising gross proceeds of $345,000.

Each unit consists of one common share and one share purchase warrant exercisable for three years at a price of $0.05 per share.

Bundeep Singh Rangar, CEO of Fineqia, sat down with Sabrina Cuthbert to discuss the capital raise.

Fineqia International provides an online platform and associated services for the placement of debt instruments allowing individuals and financial institutions to invest in high-yield debt securities.

Fineqia International Inc. (FNQ) opened trading at C$0.005.


More From The Market Online

@ the Bell: Stocks level-out ahead of Easter long weekend

A rebound in oil prices and growth in metal prices helped push Canada’s main stock index higher as investors await economic data.
Bitcoin and cryptocurrency investing concept

U.S. spot Bitcoin ETFs are live – what happens to Canada’s crypto ETFs?

Three since the first spot Bitcoin ETF was introduced in Canada, these funds are finding formidable competition from U.S. counterparts.

Activist investor seeks to overhaul WonderFi board

KAOS Capital, an activist investor and major WonderFi (TSX:WNDR) shareholder, plans to propose five nominations to the crypto stock's board.

@ the Bell: Markets advance on mining and financial support

Canada's main stock index inched higher on Wednesday, tracking an uptick in precious metals prices, though a drop in oil prices capped gains.