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Financings

ShelfieTech Ltd. Announces Closing of Private Placement

By The Northwire Desk — AI Analysis Dec 03, 2025 · 16:05 SHLF · 1.8 Shelfie-Tech Ltd.
SHLF · Price

Executive Summary

  • ShelfieTech Ltd. closed a non‑brokered private placement, raising gross proceeds of $1,699,185.
  • The financing consisted of 1,179,990 common shares issued at $1.44 per share, with a four‑month hold period.
  • Proceeds will be used to fund research and development, potential synergistic acquisitions, and working capital.

Key Details

  • Gross proceeds: $1,699,185.
  • Shares issued: 1,179,990 common shares at $1.44 per share.
  • Finder’s fees paid: $135,934 to eligible finders in compliance with CSE policies.
  • Hold period: Issued shares subject to a four‑month hold period under Canadian securities law.
  • Use of proceeds: Allocation toward advancing R&D, exploring synergistic acquisitions, and supporting working capital needs.

Notable Quotes

(No executive quotes were provided in the release.)

Read the original news release →

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SEDAR Interim Financial Statements

None