$ELMT.c Closes Financing For $3.5 Milllion Big financing coming through for Element Nutritional Sciences (CSE: ELMT). The company has raised $3.5 million to put towards marketing and R&D for its health-centric Rejuvenate nutritional beverages.
$ELMT.c is still an early-stage company, however, it has proven solid growth metrics in recent financial reports. If the company is able to secure even a small share of the multi-billion dollar global Meal Replacement Market, there is a very bright future ahead.
Equity Guru founder Chris Parry has personally endorsed both the company and its products. Along with other positive feedback, this shows me that Element has some good potential to see some really solid growth.
$ELMT.c is currently trading at $.24 and valued at $22.99M.
https://ceo.ca/@businesswire/element-nutritional-sciences-announces-closing-of-35