Nanalysis Announces $2.5 Million Private Placement

Core Points - Nanalysis Scientific Corp. plans to complete a non-brokered private placement of up to 16,666,667 units at a price of $0.15 per unit, aiming for gross proceeds of up to $2,500,000, which will be used for debt reduction [1][4] Group 1: Offering Details - Each unit will consist of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one share at an exercise price of $0.20, valid for two years from the closing date [2] - The warrants include an acceleration provision, allowing the company to accelerate the expiry date if the closing price of shares exceeds $0.30 for 10 consecutive trading days [3] - The offering is subject to acceptance by the TSX Venture Exchange and may close in multiple tranches, with the initial closing expected around December 15, 2025 [4] Group 2: Company Overview - Nanalysis Scientific Corp. develops and manufactures portable Nuclear Magnetic Resonance (NMR) spectrometers used in various industries including pharma, biotech, energy, food, materials, and security [6] - The company operates a services division that maintains its products and third-party imaging equipment, supported by a $160 million long-term contract with the Canadian Air Transport Security Authority to maintain security scanners at over 80 Canadian airports [6]