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Belvedere Resources Ltd. (BEL.V) (the “Company”) is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement (the “Private Placement”) offering of subscription receipts of the Company (“Subscription Receipts”). The Private Placement is being completed in conjunction with the previously announced proposed “Change of Business” (“COB Transaction”) pursuant to the policies of the TSX Venture Exchange (the “Exchange”), with the result that the Company will become a technology company with a focus on developing blockchain-based software technologies, listed on the Exchange.
For long term investors, improvement in profitability and outperformance against the industry can be important characteristics in a stock. In this article, I will take a look at Belvedere ResourcesRead More...