Bullboard - Stock Discussion Forum Promino Nutritional Sciences Inc. C.MUSL

Alternate Symbol(s): MUSLF

Promino Nutritional Sciences Inc., formerly Element Nutritional Sciences Inc., is a research-driven Canadian nutraceutical company. The Company is specializing in the development of science-based products for the global consumer packaged goods market, with a portfolio focused specifically on muscle health. The Company's lead product, Rejuvenate, is a formulation that is clinically proven to... see more

CSE:MUSL - Post Discussion

Promino Nutritional Sciences Inc. > $ELMT up + info on $3.5M prospectus offering

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Post by StockHawk1 on May 13, 2022 5:23pm

$ELMT up + info on $3.5M prospectus offering

Element Nutritional Sciences Inc. ($ELMT.c $ELNSF) closed 11.11% up on the CSE today

Last week the vegan nutraceutical company raised $3.5M gross through a short form prospectus offering through the issuance of 14M common $ELMT shares at a price of $0.25/share.

The proceeds will be used for marketing expenses, research and development and general working capital all of which I think will be great for $ELMT in the long run.

More here: https://ca.finance.yahoo.com/news/element-nutritional-sciences-announces-closing-202000156.html

$ELMT @ $0.25

MC $23.953M

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