ShelfieTech Ltd. Announces Private Placement of up to $2 Million

Executive Summary

• ShelfieTech Ltd. announced a non‑brokered private placement of up to 2,000,000 common shares at US $1.00 per share for gross proceeds of up to US $2,000,000.
• The offering includes finders’ fees of up to 8% of gross proceeds payable to eligible introducers.
• Proceeds are earmarked for corporate purposes, research & development, acquisitions and working capital.

Key Details

• Offering Size: Up to 2,000,000 common shares.
• Price per Share: US $1.00.
• Maximum Gross Proceeds: US $2,000,000.
• Finders’ Fees: Up to 8.0% of gross proceeds paid to eligible finders who introduce subscribers.
• Use of Proceeds: Corporate purposes, R&D, acquisitions, and working capital.
• Closing Conditions: Subject to corporate and regulatory approvals (including CSE), no minimum subscription amount required.
• Statutory Hold Period: Shares subject to a hold period of four months plus one day from issuance per applicable securities legislation and CSE rules.
• Regulatory Disclaimer: Offering not an offer or solicitation in the United States; securities not registered under the U.S. 1933 Act.

Notable Quotes

(No executive quotes were provided in the release.)