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P2 Solar, Inc. (OTC PINK:PTOS) has received a Partial Revocation Order from the British Columbia Securities Commission (BCSC) on November 24, 2022, lifting the Cease Trade Order issued in 2015. This allows P2 to conduct a private placement of up to $110,000 through debt securities convertible into common shares at $0.03 per share. The company plans to use the proceeds to update its disclosure obligations and secure working capital. P2 intends to apply for a full revocation of the CTO once filings are current.
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