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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Comment by Redfoxyon Nov 24, 2020 4:43pm
156 Views
Post# 31964751

RE:not sure

RE:not surethey said they will use mone for the studies and other things.  From an investment perspective thats good use of money

The Company intends to use the net proceeds of the Offering for advancing work on the Rosh Pinah 2.0 expansion study, including funding the feasibility study with respect to same, undertaking additional exploration work, continuing the study and potential restart of the Caribou operation, repaying additional amounts of the Company's indebtedness and funding the Company's working capital requirements.

above is the cut from their press release that speaks exactly to your points.
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