Northwire Canada EditionThursday, October 15, 2026
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GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4% GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4%
Financings

Ynvisible Announces Closing of Second Tranche of Non-Brokered Private Placement

Ynvisible Closes Tranche Two of Dilutive Financing as Cash Burn Outpaces Commercial Traction

Executive Summary
  • Ynvisible Interactive Inc. closed the second tranche of its non-brokered private placement on March 31, 2026, issuing 3,169,000 units at $0.10 per unit for gross proceeds of $316,900.
  • Each unit comprises one common share and one transferable common share purchase warrant exercisable at $0.14 per share for three years from the closing date.
  • Director Michael Kott participated through a related-party transaction, purchasing 850,000 units under MI 61-101 exemptions.
  • Proceeds are designated for working capital and general corporate purposes.
  • This follows the March 13, 2026 announcement of a $2.0 million target offering and the March 26, 2026 closing of the first tranche (5,770,000 units for $577,000). Total capital raised to date under this offering is $893,900, leaving approximately $1.1 million to reach the stated target before the April 24, 2026 extension deadline.
Material Impact
  • The closing is fully anticipated and represents routine execution of a previously announced financing. It does not introduce new commercial, operational, or strategic developments.
  • The offering is dilutive. The $0.10 issue price sits below the recent trading range of $0.12-$0.13, creating immediate overhead supply. The attached warrants carry a $0.14 strike price, which is currently above market value, rendering them underwater and unlikely to be exercised in the near term.
  • Capital raised extends the company's runway marginally but does not resolve the structural cash deficit. Based on the nine-month interim financials ending September 30, 2025, operating cash burn averaged approximately $1.6 million per quarter. The $893,900 raised covers roughly two months of historical burn.
  • The news confirms management's continued reliance on equity markets to fund operations, reinforcing a high-risk, capital-dependent profile. No material change to the investment thesis occurs.
YNV · Price
Company Overview
  • Ynvisible Interactive Inc. develops and manufactures printed, ultra-low power e-paper display technology.
  • Flagship focus: Flexible, low-cost, sustainable displays targeting high-volume applications in medical diagnostics, automotive interiors, industrial indicators, and retail logistics.
  • The company is transitioning from R&D and pilot production to commercial execution, leveraging partnerships with manufacturing scale-up firms to meet potential volume demands.
  • Key development pipelines include a three-year exclusive supply LOI with Sapphiros for diagnostic test displays and a confidential co-development project with a global automotive OEM.
Read the original news release →

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