Not necessarily, raising capital means something bigger than the company is currently capable of without added financing. Obviously more news from HCNWF is currently pending. The question right now is how lucrative is this new install...that they haven't mentioned yet.
7.2 Non-Brokered Private Placement
In a non-brokered private placement, the investors place their money directly with the company. This saves a lot of money on fees for the company.
"Non-brokered financings are typically done by companies with access to good contacts and networks. They have “reach,” so they don’t need to pay a broker."
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