Bullboard - Stock Discussion Forum EasTower Wireless Inc V.ESTW.H

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EasTower Wireless Inc. through its wholly owned subsidiary, EasTower Communications Inc., is a provider of wireless infrastructure network build-out and related service within America. The Company specializes in the construction, installation, upgrading, and maintenance of wireless infrastructure networks, including fifth-generation (5G), fourth-generation (4G) and small cell deployments. It... see more

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TSXV:ESTW.H - Post Discussion

EasTower Wireless Inc > Private placement for gross proceeds of $500,000!

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Post by waves1 on Aug 12, 2022 5:30pm

Private placement for gross proceeds of $500,000!

EasTower Wireless ($ESTW.v) recently announced a proposed non-brokered private placement for gross proceeds of up to $500,000! The net proceeds will be used for working capital.

Previously, ESTW signed an MSA with one of the world's largest tower operators in mid-June, positioning ESTW as its approved contractor for further developments as well as for further mandates in its three tenancy markets.

ESTW has been receiving an abundance of demand for their business as the 5G market continues to grow while being resilient to risks of inflation and potential economic recession.

https://equity.guru/2022/08/08/eastower-wireless-estw-v-looks-to-bolster-its-cash-reserves-with-a-private-placement/

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