Universal Ibogaine Inc (TSE:IBO) has released an update.
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Universal Ibogaine Inc. has received a $300,000 offer for its non-core 20-acre island property in Belize, which it plans to sell to focus on its addiction treatment initiatives in Canada. The company aims to use the proceeds from the sale to complete its financial audit and remedy a filing deficiency to lift a Management Cease Trade Order.
For further insights into TSE:IBO stock, check out TipRanks’ Stock Analysis page.
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