Nano One Announces Closing of Agreement to Sell and Lease Back Its Candiac Building and Property
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Nano One has completed the sale and leaseback of its Candiac building and property, generating an estimated C$15.7 million in net proceeds. This move is expected to strengthen the company's balance sheet and leverage government funding announced for 2024.
March 03, 2025 | 8:30 am
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Nano One has sold and leased back its Candiac property, resulting in C$15.7 million in net proceeds. This transaction is expected to strengthen the company's financial position and support future growth with government funding in 2024.
The sale and leaseback deal provides Nano One with significant capital, improving its financial stability. This is crucial for leveraging upcoming government funding, potentially boosting the company's growth prospects.
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