A local firm that provides gift card, loyalty and rewards technology and services says it’s poised to bolster its balance sheet with a $1 million private placement.
Ottawa-based Ackroo (TSX-V: AKR) said in a statement that it will issue 5 million shares at 20 cents each in connection with the investment. It will use the additional capital to fund its sales and technology development, as well as make strategic acquisitions.
Ackroo has purchased a string of companies and products in 2016 that’s expanded its geographic reach and customer base.
OBJ360 (Sponsored)
The Ottawa Hospital’s Campaign to Create Tomorrow enters important next phase
For Ginger Bertrand, some of her earliest childhood memories in Ottawa are centred around healthcare. “I grew up across the street from what was originally the General Hospital,” she explains,
The Ottawa Hospital’s Campaign to Create Tomorrow enters important next phase
For Ginger Bertrand, some of her earliest childhood memories in Ottawa are centred around healthcare. “I grew up across the street from what was originally the General Hospital,” she explains,