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Railtown Provides Comments on Promotional Activities
Newsfile· 2024-07-13 03:48
Core Viewpoint - Railtown AI Technologies Inc. has engaged three third-party service providers for consulting and marketing services to enhance its investor relations and market presence [1][4]. Group 1: Service Providers and Agreements - Bello Holdings Inc. will provide capital markets advisory services under a 12-month consulting agreement [1]. - SmallCap Communications Inc. is tasked with investor relations, communications, and marketing services, also under a 12-month agreement [1]. - i2i Marketing Group, LLC will offer various marketing services, including content creation and distribution, under a month-to-month renewable online marketing agreement [1]. Group 2: Promotional Activities and Responsibilities - Railtown acknowledges awareness of promotional activities conducted on its behalf but cannot accurately assess their impact on trading due to various external factors [5]. - The company confirms it is responsible for compensating the service providers as per the agreements and maintains editorial control over the content produced [5]. Group 3: Compliance and Reporting - Railtown's common shares are primarily traded on the Canadian Securities Exchange (CSE), and the company adheres to CSE policies and Canadian securities laws [6]. - Insider trading reports are publicly available, and the company believes these reports are accurate and complete [6]. Group 4: Company Overview - Railtown AI is a Microsoft Partner offering a cloud-based Application General Intelligence™ Platform designed to enhance productivity for software developers and Agile teams [7].
Railtown AI Unveils Version 2.0 of Conductor
Newsfile· 2024-07-02 12:00
About Railtown AI Technologies Click here to receive our latest investor news alerts. This news release contains forward-looking statements relating to the future operations of the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will," "may", "should", "intends", "anticipates", "expects" and similar expressions. All statements other than statements of historical fact included in this release, including, without limitation, stateme ...
CORRECTION FROM SOURCE: Railtown AI Technologies Inc. Announces Partnership with Mila - Quebec Artificial Intelligence Institute to Accelerate Railtown's Advanced AI Initiatives
Newsfile· 2024-06-29 00:07
● . June 28, 2024 8:07 PM EDT | Source: Railtown AI Technologies Inc. This partnership will also grant Railtown other benefits such as access to recruitment, training, and Mila workspaces, as well as the opportunity to conduct applied research projects together with Mila, in addition to visibility across Mila's website and social media, channels, conferences, and business opportunities related to other Mila partners. "With multiple large projects in our pipeline, we expect that partnering with Mila will all ...
FreightCar America, Inc. Celebrates Milestone 10,000th Railcar Manufactured at Mexico Facility
Newsfilter· 2024-06-25 20:15
The Castaños facility, built between 2020 and 2022, with the fourth line completed in 2023, spans nearly 700,000 square feet and employs approximately 2,000 skilled workers. With four fully operational production lines, the plant has a capacity to build more than 5,000 units per year, with a fifth line available to increase production volume by approximately 20%. Strategically located two hours south of the Texas border, the facility allows for streamlined materials sourcing and access to a robust highly sk ...
FreightCar America, Inc. Celebrates Milestone 10,000th Railcar Manufactured at Mexico Facility
GlobeNewswire News Room· 2024-06-25 20:15
CHICAGO, June 25, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) ("FreightCar America" or the "Company"), a pure-play manufacturer of high-quality railcars with a legacy of 120+ years, proudly announces the production of its 10,000th railcar at its purpose-built state-of-the-art manufacturing facility in Castaños, Mexico. This significant achievement marks a major milestone in the Company's completed manufacturing transformation and highlights its unwavering commitment to excellence in pur ...
Railtown AI Technologies Inc. Announces Partnership with the Mila Institute to Accelerate Railtown's Advanced AI Initiatives
Newsfile· 2024-06-25 12:00
Core Insights - Railtown AI Technologies Inc. has announced a strategic partnership with the Mila-Quebec AI Institute to enhance its AI initiatives and gain access to AI engineering talent and non-dilutive funding [3][4]. Partnership Details - The partnership provides Railtown with recruitment and training privileges, access to Mila workspaces, and funded opportunities for applied research projects [4][5]. - Railtown will benefit from increased corporate visibility through Mila's marketing materials and events, as well as access to business opportunities related to Mila startups [4][5]. Mila's Reputation and Contributions - Mila is recognized globally for its significant contributions to generative artificial intelligence and machine learning, boasting the largest concentration of deep learning researchers [5][8]. - The institute focuses on core research areas such as health, environment, climate change, and AI ethics, promoting collaboration through an Open Science approach [9]. Strategic Implications - The partnership is expected to accelerate Railtown's product development and market entry, enhancing its roadmap towards delivering advanced AI solutions to customers worldwide [6].
Railtown AI Technologies Inc. Announces Closing of Non-Brokered Private Placement
Newsfile· 2024-06-07 22:14
Readers are cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. As a result, the Company cannot guarantee that any forward-looking statement will materialize, and readers should not place undue reliance on any forward-looki ...
Railtown AI Technologies Announces Engagement of EF Hutton to Lead Proposed Firm Commitment Public Offering and Uplisting
Newsfile· 2024-06-04 12:00
. ● . | --- | --- | |-----------------------------------------------|-------| | | | | Railtown AI Technologies Announces Engagement | | | of EF Hutton to Lead Proposed Firm Commitment | | | Public Offering and Uplisting | | June 04, 2024 8:00 AM EDT | Source: Railtown AI Technologies Inc. Vancouver, British Columbia--(Newsfile Corp. - June 4, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company") is pleased to announce the engagement of Manhattanbased firm EF Hutton L ...
Railtown AI Technologies Inc. Announces a Non-Brokered Private Placement
Newsfile· 2024-06-04 04:46
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") announces that it proposes to raise up to US$650,000 through a non-brokered private placement to strategic investors, primarily located in the US. The placement will consist of up to 5,416,667 units at a price of US$0.12 per unit. Each unit will consist of one common share and one-half of a common share purchase warrant of the Company, with eac ...
FreightCar America(RAIL) - 2024 Q1 - Earnings Call Presentation
2024-05-09 18:45
| --- | --- | --- | |----------------------------|------------------------------------|------------------------------------------| | | | | | Strong Revenue Generation | 5,000+ Annual Revenue / Capacity | Achieved FY23 revenue of $358M at ~60% | | with Increased Capacity | | capacity | Revenue / Capacity Positioned to Generate Free Cash Flow Anticipate 3rd consecutive year of operating cash flow in 2024 FY24E maintenance CapEx at ~0.5% – 0.75% of revenue | --- | --- | |--------------------------------------- ...