Core Viewpoint - Route1 Inc. has successfully completed the first tranche of its non-brokered private placement, raising approximately C$234,250 at a price of C$0.075 per Unit, which includes common shares and warrants [1] Company Summary - Route1 Inc. is an engineering and professional services firm that specializes in advanced data capture technologies, including ALPR, aimed at various sectors such as public safety and parking management [1] - The private placement was initially announced on November 4, 2025, indicating ongoing efforts to secure funding for the company's operations and growth [1] Financial Summary - The gross proceeds from the Initial Closing of the private placement amount to approximately C$234,250 [1] - Each Unit in the offering consists of one common share and one common share purchase warrant, reflecting the company's strategy to attract investment through equity financing [1]
Route1 Announces Closing of First Tranche of Non-Brokered Private Placement for Gross Proceeds of Approximately C$234,000