ProStar Adds "Several" Cos to its List of Fortune 500, 1000 Clients; But Shares Nearer 52 Week Lows-February 2024-www.financetom.com

ProStar Adds "Several" Cos to its List of Fortune 500, 1000 Clients; But Shares Nearer 52 Week Lows

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ProStar Adds "Several" Cos to its List of Fortune 500, 1000 Clients; But Shares Nearer 52 Week Lows

Dec 17, 2024 7:34 AM

10:28 AM EST, 12/17/2024 (MT Newswires) -- ProStar Holdings ( MAPPF ) on Tuesday said it added "several" Fortune 500 and Fortune 1000 companies to its list of multinational clients, who have adopted ProStar's ( MAPPF ) PointMan precision mapping solution. Still, ProStar ( MAPPF ) shares were lower and nearer 52 week lows amid losses for the broader TSX.

The newest clients include two Fortune 500 companies. A client that is one of the largest integrated oil & gas companies in the world and, another client that is a global leader in providing engineering and construction services. The company also had a Fortune 1000 construction and infrastructure client with a focus on natural gas, water, and wastewater.

"ProStar ( MAPPF ) adds significant operational value to these firms and is a recognized leader in providing precision underground digital mapping solutions to several industry sectors. I expect this adoption trend to accelerate throughout 2025 and to be a pivotal year for us," said ProStar ( MAPPF ) Chief Executive Page Tucker.

Shares of the company were last seen down $0.01 or 10%, at $0.09 in early morning trade on the TSX Venture Exchange.

Price: 0.09, Change: -0.01, Percent Change: -10.00

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