Northwire Canada EditionThursday, July 16, 2026
Northwire
CLCH 1.17 −4.1% DG 0.035 +0.0% SGML 15.86 −6.0% FURY 0.730 −2.7% CG 22.11 −1.9% ARIS 20.18 −1.1% LAF 1.65 +0.0% MKO 10.18 −2.2% NUG 0.330 −1.5% SGN 0.250 −5.7% AVL 7.99 −0.4% ELE 22.14 −2.7% TRX 1.03 −7.2% PTM 1.83 +0.6% OMM 0.050 −9.1% CBG 0.300 −1.6% CLCH 1.17 −4.1% DG 0.035 +0.0% SGML 15.86 −6.0% FURY 0.730 −2.7% CG 22.11 −1.9% ARIS 20.18 −1.1% LAF 1.65 +0.0% MKO 10.18 −2.2% NUG 0.330 −1.5% SGN 0.250 −5.7% AVL 7.99 −0.4% ELE 22.14 −2.7% TRX 1.03 −7.2% PTM 1.83 +0.6% OMM 0.050 −9.1% CBG 0.300 −1.6%
Financings

ROCKET DOCTOR AI INC. ANNOUNCES LISTED ISSUER FINANCING EXEMPTION (LIFE) NON-BROKERED PRIVATE PLACEMENT

AIDR · Price

Executive Summary

  • Rocket Doctor AI Inc. announced a non‑brokered private placement of at least 4,285,715 units at $0.70 per unit, targeting gross proceeds of a minimum of approximately $3 million.
  • Each unit consists of one common share and one warrant to purchase an additional common share at $0.85 exercisable for 12 months after closing; the company may also issue up‑to‑8% finder’s fees and non‑transferable warrants on the proceeds.
  • Net proceeds are earmarked for digital marketing, customer acquisition, operating & administrative expenses (including salaries), research & development, and general working capital.

Key Details

  • Units Offered: Minimum 4,285,715 units
  • Price per Unit: $0.70
  • Minimum Gross Proceeds: ≈ $3,000,000
  • Unit Composition:
  • 1 common share
  • 1 warrant to purchase 1 additional common share at an exercise price of $0.85 (exercisable for 12 months post‑closing)
  • Financing Exemption: Listed issuer financing exemption under NI 45‑106 Part 5A (LIFE Exemption), available to Canadian investors outside Quebec; no hold period required.
  • Potential Finder’s Fee: Up to 8% of aggregate gross proceeds, payable upon closing.
  • Additional Warrants: Non‑transferable warrants equal to up to 8% of units issued, exercisable at $0.85 within 12 months from the Closing Date.
  • Use of Proceeds:
  • Digital marketing & customer acquisition
  • Operating and administrative expenses (including salaries)
  • Research & development
  • General working capital
  • Closing Timeline: Expected on or about January 19, 2026, subject to receipt of minimum subscriptions and required approvals (e.g., CSE approval).
  • Offering Documentation: Available at www.sedarplus.ca and the company website (www.rocketdoctor.ai).

Notable Quotes

  • “We are pleased to announce this financing, which will enable us to accelerate our growth initiatives, expand our AI‑driven healthcare platform, and better serve underserved communities,”Dr. Essam Hamza, CEO.
Read the original news release →

More from Rocket Doctor AI Inc.