Fintech
Tenet Fintech Group Gets $5M Credit Line
Tenet Fintech Group Inc. (TSE:PKK) has released an update.
Tenet Fintech Group Inc. has secured a $5 million line of credit from Petiana Capital Inc., simultaneously halting its private placement financing effort. The funds will support marketing for Tenet’s Business Hub and the completion and launch of its ie-Pulse platform, aimed at generating Canadian data plan sales in the second half of the year. This strategic financing move is considered a significant gain for the company and its shareholders, eliminating the need to issue a large number of shares and warrants.
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