Inturai Ventures closes private placement raising $963,714

VANCOUVER, BC - Inturai Ventures Corp. successfully completed its private placement offering on Wednesday, issuing a total of 6,424,758 units for gross proceeds of $963,713.70. The company raised funds through a final tranche of the offering, issuing 151,427 units at $0.15 each, generating $22,714.05 in gross proceeds. Each unit represents one common share and one share purchase warrant, which allows holders to acquire additional common shares at $0.25 for 24 months, with an accelerated expiry provision if the share price reaches $0.35 for five consecutive trading days.

The offering was conducted under the listed issuer financing exemption, making the securities immediately free-trading under Canadian securities laws. The company used part of the proceeds to pay $9,900 and issue 66,000 finder warrants to arm's-length parties who introduced subscribers to the offering. These finder warrants entitle the holder to acquire one common share at $0.25 until August 28, 2028, with resale restrictions until December 29, 2026.

Inturai Ventures focuses on developing AI technologies for healthcare, military, smart homes, and industrial applications.