EdgeTI Closes C$4,999,490 Non-Brokered LIFE Private Placement Financing

Core Points - Edge Total Intelligence Inc. has successfully closed a non-brokered private placement offering, raising C$4,999,490 by issuing 9,433,000 units at a price of C$0.53 per unit [1][3] - Each unit consists of one subordinate voting share and one half of a purchase warrant, with the warrants exercisable at C$0.67 for 24 months [2] - The financing was fully subscribed by strategic long-term investors, including leading single-family investment firms in Canada [3] Financial Details - The offering generated gross proceeds of C$4,999,490, which will be utilized for sales and growth programs related to the company's Digital Twins technology, as well as general working capital [1][6] - The company paid a total of C$25,962.50 in cash finders' fees and C$125,000 to Roth Canada for financial advisory services [4] Regulatory Compliance - The offering was conducted under the listed issuer financing exemption, allowing units to be sold to purchasers in Canadian provinces (excluding Quebec) without a hold period [5] - The offering is subject to final approval from the TSX Venture Exchange [7] Company Overview - Edge Total Intelligence Inc. specializes in real-time digital operations software, particularly its edgeCore™ Digital Twin platform, which integrates multiple software applications and data sources [8] - The platform aims to enhance situational awareness and operational agility for global enterprises, service providers, and governments [8]