Agereh Technologies announces private placement of up to C$600,000

Agereh Technologies Inc., a Canadian artificial intelligence and technology company, has announced a private placement financing of up to C$600,000 through the issuance of up to 24 million units. Each unit consists of one common share and one warrant, with the warrants giving holders the right to purchase an additional share at C$0.05 per share for a period of two years from the date of issue.

The company plans to use the proceeds for product development, sales and marketing activities, and general working capital and administrative expenses. The securities are subject to a hold period of four months and one day from the issuance date, and the offering requires approval from the TSX Venture Exchange. Agereh Technologies specializes in providing AI-enabled platforms and sensor solutions for the transportation industry.

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