Green Sky Labs Inc. (GSL) has announced that it has signed an agreement ("
Agreement") with GEM Global Yield LLC SCS – a private alternative investment group – to provide GSL with a share subscription facility of up to $20 million for a 36-month term following the public listing of the Company's common stock pursuant to GSL's previously announced qualifying transaction with Nurcapital Corporation Ltd.
Green Sky Labs says it will use the funds to strengthen its business by providing the financial resources to develop its business segments and markets as well as to incubate further technologies.
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