BANXA Holdings Inc (TSX-V:BNXA, OTCQX:BNXAF) has provided investors with an update on its fiscal 2023 audit. It said that a final response on their view of the matter from audit partner PKF Antares is expected in the coming days which will give the company clarity on the audit completion timeline.
Banxa also said it has raised an additional C$150,000 under the third tranche of its non-brokered private placement through the sale of convertible debenture units of the company.
It has now raised C$5.7 million across the three tranches of the private placement.