FinTechFunding

Pearl Global: Raises $3m for Stapylton development, appoints new CFO

Pearl Global Raises $3m for Stapylton development, appoints new CFO

  • Pearl Global (PG1) looks to raise $3 million for the development of its Stapylton site in Queensland
  • Under the placement, 150 million shares will be issued at two cents per share
  • Funds will also allow the completion of the transition to a full scale, efficient, commercial operation
  • The company has also appointed Andrew Cook as Chief Financial Officer (CFO) following the commencement of David Wheeley as CEO on January 30
  • PG1 shares hold steady at two cents
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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