EXCLUSIVE: Horizon Fintex and Diamond Lake Minerals Ink $3.75M Deal to Enhance Upstream Trading Liquidity (UPDATED)
Portfolio Pulse from Anusuya Lahiri
Horizon Fintex and Diamond Lake Minerals have entered into a $3.75 million share exchange agreement to enhance trading liquidity on the Upstream exchange. The deal involves Horizon Fintex issuing 1,250 common shares in exchange for 10 million newly issued shares in Diamond Lake Minerals. The partnership aims to bring new issuers to Upstream, increase trading liquidity, and provide economic benefits to shareholders.
June 11, 2024 | 1:30 pm
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Diamond Lake Minerals has entered into a $3.75 million share exchange agreement with Horizon Fintex to enhance trading liquidity on the Upstream exchange. This partnership is expected to bring new issuers to Upstream and increase trading activity.
The share exchange agreement is likely to increase trading liquidity and bring new issuers to Upstream, which could positively impact DLMI's stock price in the short term.
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