08:44 AM EDT, 11/01/2024 (MT Newswires) -- Char Technologies ( CTRNF ) on Friday said it has closed its non-brokered private placement, raising $3.27 million to advance the Thorold Project in Ontario to biocarbon production

The company issued 16.4 million units at $0.20 each. Each unit consists of one share and half a warrant. Each two-year warrant can buy an additional share at $0.30.