Intellistake Technologies Corp. Announces Private Placement

Executive Summary

• Intellistake Technologies Corp. announced a non‑brokered private placement of up to 511,810 Class “A” shares at $2.54 per share, targeting gross proceeds of approximately $1.3 million.
• Net proceeds will be allocated to AI agent development, validator hardware acquisition, digital‑currency purchases, R&D, marketing, investor relations, working capital and other general corporate purposes.
• The offering includes a lock‑up period of four months plus one day for the securities issued; no insiders will participate.

Key Details

• Offering Size: Up to 511,810 Class “A” shares.
• Price per Share: $2.54 CAD (or USD equivalent as disclosed).
• Gross Proceeds Target: Approximately $1.3 million.
• Use of Proceeds:
• Development of AI agents.
• Acquisition of validator hardware.
• Purchases of digital currencies.
• Research & development and marketing activities.
• Investor relations expenditures.
• Working capital requirements and other general corporate purposes.
• Insider Participation: None; the placement is non‑brokered and exclusively to external investors.
• Holding Period: Securities subject to a lock‑up expiring four months and one day after closing of the offering.
• Regulatory Disclaimer: Offering not registered in the United States; sales prohibited to U.S. persons unless an exemption applies.

Notable Quotes

(No executive quotes were included in the release.)