PROSTAR HLDGS INC - MAPPF STOCK NEWS

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ProStar Holdings Inc (MAPPF) is a world leader in Precision Mapping Solutions, utilizing modern GPS, cloud, and mobile technologies. The company specializes in patented cloud and mobile precision mapping solutions for critical infrastructure. ProStar's flagship product, PointMan, enhances workflow processes for managing critical infrastructure assets above and below the Earth's surface. With strategic partnerships and a vast intellectual property portfolio, ProStar is at the forefront of the industry.

06/06/2024 04:31 PM

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ProStar Holdings Announces Closing of Final Tranche of Private Placement For Gross Proceeds of C$1.1M

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ProStar Holdings, a leader in precision mapping solutions, has closed the final tranche of its private placement, raising C$1.1 million by selling 6,944,466 units at C$0.16 per unit. The total amount raised through the offering is C$2.5 million from 15,689,212 units sold. Each unit includes one common share and one warrant, allowing the holder to acquire an additional share at C$0.22 within 36 months. Proceeds will fund sales, marketing, and reduce working capital deficit by US$232,000. Wayne Moore, a ProStar director, purchased 6,250,000 units under the first tranche, constituting a related party transaction. Finder fees included C$13,300 and 83,125 finder warrants.

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05/14/2024 09:00 AM

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ProStar Holdings Announces Corporate Update

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ProStar Holdings has announced significant corporate updates as of May 14, 2024. The company, a leader in precision mapping solutions, reported the addition of 22 new cloud customers in Q1 2024, marking a 57% increase from Q4 2023. Key signings include major US utility locating companies and a public transit project in Canada. ProStar has completed significant product integrations, enhancing their software's compatibility and functionality. The introduction of an eStore has streamlined the purchasing process, driving sales. Management is optimistic about future growth and is actively seeking non-dilutive financing options.

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04/23/2024 10:29 AM

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ProStar Announces Stake Center Locating Is Evaluating PointMan

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ProStar Holdings Inc. announces that Stake Center Locating, a leading utility locating firm, will trial ProStar's PointMan Precision Mapping Solution. Stake Center Locating, with extensive experience and resources, aims to leverage PointMan for workflow digitization and improved service quality. ProStar anticipates significant growth with new customer adoption and a robust sales pipeline for 2024.

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03/27/2024 08:00 AM

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ProStar Holdings Announces Closing of First Tranche of Private Placement for Gross Proceeds of US$1 Million

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ProStar Holdings Inc. closes the first tranche of a non-brokered private placement, raising approximately US$1,050,000 through the sale of 8,728,125 units at C$0.16 per unit. The proceeds will be used for sales, marketing, and working capital. Wayne Moore, a director, acquired 6,250,000 units as part of the placement. The securities issued are subject to a hold period expiring on July 27, 2024.

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03/13/2024 08:00 AM

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ProStar Holdings Announces Non-Brokered Private Placement

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ProStar Holdings Inc. announces a non-brokered private placement to raise up to C$2.5 million through the issuance of 15,625,000 units at C$0.16 per unit. Each unit includes a common share and a warrant, with the proceeds intended for sales, marketing, and working capital. The offering is exempt from certain valuation and approval requirements and is subject to regulatory and TSXV approval.

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02/26/2024 08:30 AM

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ProStar and Topcon Announce Technology Integration with PointMan

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ProStar Holdings Inc. announces a technology integration with Topcon Corp, enhancing utility mapping solutions. The integration of ProStar's PointMan software with Topcon's GNSS antennas provides a seamless utility data collection solution. This collaboration expands ProStar's market reach and strengthens its position in the industry.

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01/11/2024 03:40 PM

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ProStar Announces the Launch of an eStore to Facilitate Global Online Customer Purchases

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ProStar Holdings Inc. (TSXV: MAPS) (OTCQX: MAPPF) (FSE: 5D00) has launched a new eStore to revolutionize the purchasing experience for its precision mapping solutions. The e-commerce platform simplifies the acquisition process, offering individual PointMan Plus licenses at $495 and secure cloud environments with PointMan Pro at $995. The new initiative aims to reduce customer acquisition costs and enable the salesforce to focus on larger opportunities, positioning ProStar to dominate the market as global construction and infrastructure sectors transition to digitized workflows.

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01/08/2024 12:52 PM

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ProStar Announces the Integration of PointMan with Rycom Instruments

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ProStar Holdings Inc. (TSXV: MAPS) (OTCQB: MAPPF) successfully integrated its flagship product, PointMan®, into Rycom Instruments® cable and pipe locating devices. This integration allows Rycom Instrument’s Pathfinder devices to capture, record, and share the precise location of buried utilities and pipelines worldwide with PointMan.

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12/12/2023 04:28 PM

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Stonegate Capital Partners Updates Its Coverage on ProStar Holdings Inc. (MAPPF) Q3 23

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ProStar Holdings Inc. (OTCQX: MAPPF) receives updated coverage from Stonegate Capital Partners, highlighting new partnerships with key hardware providers, expanding sales and leadership teams, and strong revenue growth both year-over-year and quarter-over-quarter.

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11/17/2023 09:21 PM

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UPDATE - ProStar and Eos Have Entered Into A Settlement Agreement And The Matter Has Been Resolved To The Satisfaction Of All Parties

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ProStar Holdings Inc. (TSXV: MAPS) (OTCQX: MAPPF) (FSE: 5D00) announces a settlement agreement with Eos, resolving the matter to the satisfaction of all parties. The agreement marks a positive development for ProStar, potentially impacting its stock performance.

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FAQ

What is the current stock price of PROSTAR HLDGS (MAPPF)?

The current stock price of PROSTAR HLDGS (MAPPF) is $0.085 as of December 23, 2024.

What is the market cap of PROSTAR HLDGS (MAPPF)?

The market cap of PROSTAR HLDGS (MAPPF) is approximately 11.7M.

What is ProStar Holdings Inc known for?

ProStar is known for its precision mapping solutions for critical infrastructure, utilizing modern GPS, cloud, and mobile technologies.

What is PointMan, ProStar's flagship product?

PointMan is a cloud and mobile solution designed to improve workflow processes for managing critical infrastructure assets.

Does ProStar have strategic partnerships?

Yes, ProStar has strategic partnerships with leading geospatial technology providers, data collection equipment manufacturers, and dealer networks.

How many patents does ProStar have?

ProStar has 16 issued patents in the United States and Canada, protecting the methods and systems for digitally capturing, managing, and displaying precise infrastructure locations.

What is ProStar's focus in the industry?

ProStar focuses on driving digital transformation in the industry by providing innovative solutions for managing critical infrastructure.

Who is the CEO of ProStar Holdings Inc?

Page Tucker is the CEO and Founder of ProStar Holdings Inc.

What sets ProStar apart from competitors?

ProStar's focus on modern GPS, cloud, and mobile technologies, along with strategic partnerships and intellectual property portfolio, sets them apart in the industry.

What is ProStar's goal for the future?

ProStar aims to continue driving digital transformation, delivering customer growth, and increasing shareholder value through strategic planning and innovative solutions.

How does ProStar contribute to the industry's development?

ProStar contributes to the industry's development by offering cutting-edge technology for managing critical infrastructure, enhancing workflow processes, and fostering digital transformation.