Bullboard - Stock Discussion Forum GTEC Holdings Ltd GGTTF

Healthcare Drug Manufacturers - Major

GTEC Holdings Ltd is a Canada based company. It is pursuing opportunities in the cannabis industry and has the goal to identify and consolidate licensed producers of ultra-premium cannabis under Health Canada's Cannabis Act and Regulations and vertically integrating its operations by pursuing cannabis retail sales where permissible across Canada.

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GTEC Holdings Ltd > GTEC getting serious cash to take them much higher

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Post by Alexandchoy on Mar 11, 2021 2:51pm

GTEC getting serious cash to take them much higher

GTEC making moves getting cashed up with the revision to the previously announced agreement with Desjardins Capital Markets and Eight Capital for a bought deal short form prospectus offering of 25M units for $20M.

Gross proceeds from bought deal announced today will go to

- repay indebtedness

- expansion of the Company’s operating capacity

- international expansion opportunities

Huge for GTEC.v dipping back below $1 today but looking great long. I’m looking for a good place to add more here as their e-commerce cannabis website gets going and they recently signed export deal with Israel.

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