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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.
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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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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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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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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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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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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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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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ProStar Holdings Inc. (TSXV: MAPS) (OTCQX: MAPPF) (FSE: 5D00) announces a settlement with Eos Positioning Systems, Inc. regarding a lawsuit over ProStar's patents. The lawsuit, civil action No. 22-201 (MN), has been resolved to the satisfaction of all parties and dismissed with prejudice.
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ProStar Holdings Inc. (TSXV: MAPS) (OTCQX: MAPPF) (FSE: 5D00) announces the settlement of a lawsuit with Eos Positioning Systems, Inc. regarding a number of ProStar's patents. The lawsuit, civil action No. 22-201 (MN), has been resolved to the satisfaction of all parties and dismissed with prejudice. CEO Page Tucker expressed satisfaction with the outcome and stated the company's intention to continue enforcing its patent portfolio.
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ProStar Holdings has entered into a commercial business collaboration with Radiodetection, granting them a non-exclusive worldwide license to distribute PointMan and use it to support the sale of Radiodetection utility locators. Radiodetection is a leader in critical infrastructure and utilities management, while ProStar is a world leader in precision mapping solutions. This collaboration will provide ProStar with significant exposure through Radiodetection's expansive distribution network.
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FAQ
What is the current stock price of PROSTAR HLDGS (MAPPF)?
The current stock price of PROSTAR HLDGS (MAPPF) is $0.12 as of October 15, 2024.
What is the market cap of PROSTAR HLDGS (MAPPF)?
The market cap of PROSTAR HLDGS (MAPPF) is approximately 15.7M.
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.
How can I stay informed about ProStar's latest developments?
To stay informed about ProStar's latest news and updates, visit their website at www.prostarcorp.com.
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