Canada Jetlines Announces New Financing

Canada Jetlines Travel Agent FAM YYC-YYZ

 

Canada Jetlines has announced that it has raised over half a million dollars in new financing from the sale of 2,738,104 shares at $0.21 each.

The total sum raised was CAD $575,000.

The new leisure airline says it intends to use the funds for "for general corporate, working capital and investor relations purposes. $100,000 of the Offering has been allocated to investor relations purposes."

Canada Jetlines operates flights to Las Vegas, USA and Cancun, Mexico, service which began in FEB and MAR 2023 respectively.

More information about Canada Jetlines is available here.

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