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The Damstra (ASX:DTC) share price is soaring today Here s why

Shares in Damstra Holdings Ltd (ASX: DTC) are flying today after the company announced it has secured a new $20 million debt facility. At the time of writing, the Damstra share price is 88 cents – 6.02% higher than its previous closing price. Damstra is a software company providing workplace management solutions and safety requirements. Let’s take a closer look at today’s news from Damstra. New debt facility According to Damstra, the new debt facility will put it in a better position to fund its future growth. Additionally, the new facility offers more flexible covenants and interest-only repayments. Damstra states this will improve its operating cashflow and provide extra capital to support its global growth ambitions.

Why Cettire, Damstra, IGO, & Rhipe shares are storming higher

Why Cettire, Damstra, IGO, & Rhipe shares are storming higher These ASX shares are starting the financial year strongly… James Mickleboro has been a Motley Fool contributor since late 2015. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. This was the start of a love affair with Australian equities and he hasn t looked back since. James is part of the CFA Institute s Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns.

2 exciting small cap ASX shares analysts rate highly

Damstra Holdings Ltd (ASX: DTC) and this small cap ASX share have been given buy ratings. Here's what you need to know.

3 growing small cap ASX shares to watch

3 growing small cap ASX shares to watch 3 growing small cap ASX shares to watch Damstra Holdings Ltd (ASX:DTC) and these small cap ASX shares could be worth watching very closely. Here’s what you need to know… James Mickleboro has been a Motley Fool contributor since late 2015. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. This was the start of a love affair with Australian equities and he hasn t looked back since. James is part of the CFA Institute s Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns.

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