Non-Brokered $2M Private Placement Supply chain efficiency is one of the most important things for companies to invest in. With difficulties ranging from factory shutdowns to raw material shortages, almost all of these problems stem from supply chain/shipping challenges. $MHUB.V’s platform is an all-in-one stop for companies to track previously paper-based and inefficient processes. For example, contracts and shipments are able to be tracked, helping eliminate many of the inefficient bureaucratic steps. More recently, $MHUB.V just announced a non-brokered $2M private placement.
- 10M units at a price of $0.20. Each unit consists of one common share and one-half of one transferable common share purchase warrant.
- Each Warrant entitles the holder to acquire one common share of the Company for a period of 2 years from closing at a price of $0.30 (accelerated if the stock price is above $0.60 for 10 consecutive days).
- Proceeds raised from the private placement will be utilized for general working capital purposes.
https://ca.finance.yahoo.com/news/minehub-announces-2-million-private-213000577.html
With clients including some of the largest companies in the world, such as BHP and Sumitomo, there’s a lot of potential to continue signing commercial agreements in order to scale over the next few years. Not only does the platform help clients improve efficiency it also helps them track things for ESG compliance through the additional applications. $MHUB.V is relatively undervalued with a market cap of $15M, there’s a lot of growth potential that isn’t priced in yet.