Financings
DiagnosTear Technologies Inc. Announces Upsizing of Private Placement of Units

DTR · Price
Executive Summary
- DiagnosTear Technologies Inc. increased its previously announced non‑brokered private placement to up to 2,000,000 units at $0.50 per unit, targeting aggregate gross proceeds of $1,000,000.
- Each unit consists of one common share and one warrant exercisable at $1.00 per share for a term of 18 months.
- Net proceeds will be used for working capital and general corporate purposes; closing expected on or before November 5, 2025.
Key Details
- Offering Size: Up to 2,000,000 units (previously announced amount increased).
- Price per Unit: $0.50 → total gross proceeds of $1,000,000.
- Unit Composition: 1 common share + 1 warrant.
- Warrant Terms: Exercise price $1.00; exercisable for 18 months from closing date.
- Use of Proceeds: Working capital and general corporate purposes.
- Closing Date: Anticipated on or before November 5, 2025 (subject to receipt of documentation, funds, and CSE compliance).
- Statutory Hold Period: Securities subject to a hold period expiring four months and one day after issuance.
- Regulatory Notes: No finder's fees; securities not registered under U.S. securities laws and may not be offered/sold in the United States absent exemption or registration.
Notable Quotes
(No direct quotes were provided in the release.)
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Jun 05, 2026 · 08:31