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Message: 3rd tranche of financing is completed - warrant exercisable at 1,05CAD

Crystal clear, goal was 3M$ (indeed 3,5) not 2,1M$, and a 3rd pathetic tranche of 100,000 !

Electrovaya Announces Closing of the Second Tranche of a Brokered Private Placement as part of a Financing to raise up to CDN $3.0 million

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