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Encore Technologies debuts on CSE after $862K IPO to fuel intelligent infrastructure growth

A bold step into public markets: Encore Technologies secures nearly $1M to revolutionize smart tech. Will ‘ENCR’ become the next big name in sustainable innovation?

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Encore Technologies debuts on CSE after $862K IPO to fuel intelligent infrastructure growth

Encore Technologies Corp. has successfully completed its initial public offering (IPO), raising $862,500. The company, which specialises in intelligent infrastructure and data-driven technology, will now list its shares on the Canadian Securities Exchange under the ticker 'ENCR'.

The IPO involved the sale of 5,750,000 common shares at $0.15 each. Leede Financial Inc. served as the agent and sole bookrunner for the transaction. As part of the deal, the company paid a cash commission of $60,375 and a corporate finance fee of $50,000. Additionally, 402,500 non-transferable share purchase warrants were issued to the agent.

The proceeds from the IPO will help Encore Technologies expand its intelligent infrastructure and energy solutions. With its shares now listed on the CSE, the company aims to strengthen its position in data optimisation and sustainable technology. Investors will soon be able to trade under the symbol 'ENCR'.

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