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Anonymous Announces Life Financing
Thenewswire· 2025-09-18 19:45
Core Viewpoint - Anonymous Intelligence Company Inc. is initiating a non-brokered private placement under the Listed Issuer Financing Exemption, aiming to raise gross proceeds of up to $525,000 for various business initiatives [1][2][4]. Group 1: Financing Details - The LIFE Financing will consist of 1,750,000 units priced at $0.20 per unit, totaling gross proceeds of $350,000, with an option to increase by 50% to 2,625,000 units for a total of $525,000 [2]. - Each unit includes one common share and one warrant, allowing the purchase of an additional common share at $0.25 for 24 months [3]. - If the common shares trade at or above $0.50 for 10 consecutive trading days, the company may accelerate the expiry of the warrants [3]. Group 2: Use of Proceeds - The net proceeds from the financing will be allocated to product development, marketing, rebranding, investor communications, cryptocurrency initiatives, and general administrative expenses [4]. Group 3: Regulatory and Closing Information - The closing of the LIFE Financing is expected around October 31, 2025, subject to regulatory approvals [7]. - The securities are offered to purchasers in Canada and certain foreign jurisdictions, exempt from a statutory hold period under applicable Canadian securities laws [6].
Anon Announces Closing Of Private Placement
Thenewswire· 2025-08-13 23:45
Core Viewpoint - Anonymous Intelligence Company Inc. has successfully closed a non-brokered private placement, raising gross proceeds of $797,033 through the issuance of 5,313,552 units at a price of $0.15 per unit [1][2]. Group 1: Offering Details - Each unit consists of one common share and one transferable common share purchase warrant, with the warrant allowing the purchase of an additional share at an exercise price of $0.25 for two years [2]. - The company plans to use the net proceeds for strategic investments, product development, and general working capital, expanding its technology strategy to include cryptocurrency staking, mining, blockchain technology, and the development of the ANON "Simplii Crypto" token [3][4]. Group 2: Strategic Investments - A portion of the proceeds will be invested in a globally recognized cryptocurrency company through the purchase of coins, with plans to stake the purchased cryptocurrency quarterly to generate potential revenue [4]. - Further details regarding this strategic alliance are expected to be announced in Q4 2025 or sooner [4]. Group 3: Related Party Transactions - The CEO, Denis Franks, participated in the offering, contributing $51,150, which is classified as a related party transaction under applicable regulations [8].