11:30 AM EDT, 09/09/2024 (MT Newswires) -- ProStar Holdings ( MAPPF ) on Monday said it is raising $2 million in a non-brokered private placement of share units to raise funds for sales, marketing and working capital.

The offering consists of up to 12.5-million units priced at $0.16 each and made up of a share and a three-year warrant to buy a second share for $0.22.

ProStar ( MAPPF ) shares were last seen down $0.01 to $0.19 on the TSX Venture Exchange.

Price: 0.19, Change: -0.01, Percent Change: -5.00