Thursday’s small-cap stocks to watch

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Our roundup of Canadian small-caps of between $100-million and $3-billion in market capitalization making news

plans for a non-brokered private placement offering of 4,814,100 common shares to Intercap Equity Inc. at a price of $4.23 each for gross proceeds of $20.36-million.

The company, which does business as EINC, said it intends to use the proceeds towards its previously announced growth strategy and for working capital purposes.

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