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Financings

Shelfie-Tech closes $1.69-million private placement

By The Northwire Desk — AI Analysis Dec 03, 2025 · 20:15 SHLF · 1.80 Shelfie-Tech Ltd
SHLF · Price

Executive Summary

  • Shelfie-Tech Ltd. has closed its non-brokered private placement, raising gross proceeds of $1,699,185.
  • The company issued 1,179,990 common shares at a price of $1.44 per share.
  • Proceeds are designated for research and development, potential acquisitions, and working capital.

Key Details

  • Transaction Type: Non-brokered private placement.
  • Gross Proceeds: $1,699,185.
  • Shares Issued: 1,179,990 common shares.
  • Price Per Share: $1.44.
  • Finders' Fees: $135,934 paid to eligible finders.
  • Use of Proceeds: Advancing research and development, potential synergetic acquisitions, and working capital.
  • Restrictions: Shares are subject to a four-month hold period pursuant to Canadian securities laws.

Notable Quotes

  • None provided in the text.
Read the original news release →

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