Welcome to our dedicated page for Cubicfarm System news (Ticker: CUBXF), a resource for investors and traders seeking the latest updates and insights on Cubicfarm System stock.
Cubicfarm Systems Corp. (CUBXF) delivers innovative agricultural technology solutions through its HydroGreen automated vertical farming systems and Feed as a Service (FaaS) model. This page provides investors and industry stakeholders with timely updates on company milestones, financial performance, and technological advancements in sustainable agriculture.
Access the latest press releases, earnings reports, and strategic announcements from Cubicfarm Systems, a leader in resource-efficient indoor farming. Stay informed about product launches, partnership agreements, and sustainability initiatives that underscore the company’s commitment to revolutionizing food and feed production.
Key updates on Cubicfarm’s patented hydroponic systems, operational expansions, and industry recognition are curated here for efficient research. Bookmark this page for direct access to verified news impacting CUBXF’s market position and the broader ag-tech sector.
CubicFarm Systems announced the closing of its non-brokered private placement, issuing 2,875,000 units at C$0.20 per unit, generating gross proceeds of C$575,000. Each unit comprises one common share and one-half of a purchase warrant, allowing the holder to buy an additional share at C$0.25 within 24 months. The funds will be used for general working capital. Insider John de Jonge participated, purchasing 500,000 units, constituting a related party transaction, but exempt from formal valuation and minority approval requirements. The private placement is subject to regulatory approvals, including TSX Venture Exchange.
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