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TRNF - Taronis Fuels secures $10M in equity offering
Taronis Fuels Inc
Taronis Fuels ([[TRNF]] -2.8%) has closed $10.4M private placement of its shares of common stock, which was completed at $0.10/sharesNet proceeds will be used to repay all existing long-term debt, deleverage the balance sheet, and to provide additional working capital for the Company.The transaction was led and funded primarily by the same investor group that recently invested $10.85M in the Company at $0.10/share.