Organic Garage, formerly Crestwell Resources, has signed an agreement with investment company Cormark Securities to raise C$1.5m ($1.15m) through private placement of units priced at C$0.25 ($0.19) each.
The organic and natural grocery retailer will use the funds towards expansion plans and general working capital purposes.
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Both companies involved in the transaction are based in Canada.
InComm has announced the signing of a five-year partnership with Ipiranga to sell gift cards at its service stations.
InComm is a prepaid product and transaction services company based in the US, while Ipiranga is a subsidiary of Brazilian fuel distributor Ultra.
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