Northwire Canada EditionWednesday, July 29, 2026
Northwire
NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Financings

EdgeTI Successfully Upsizes and Closes the First Tranche of Non-Brokered Financings for Approximately $1.53MM CAD at $1.00 per Common Share and One Common Share Purchase Warrant at $2.00 for a Term of Five Years

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Executive Summary

  • Edge Total Intelligence Inc. closed a non‑brokered private placement of 200,000 units at C$1.00 per unit, generating C$200,000 in gross proceeds.
  • The company upsized the concurrent non‑brokered offering by an additional 277,860 units, expects total aggregate proceeds of C$1,670,393 after pending subscriptions close.
  • Proceeds will fund “Digital Twins” sales and growth programs, general working capital, and support a potential NASDAQ listing.

Key Details

  • Units sold: 200,000 (LIFE Offering) + 277,860 (Non‑Brokered Offering) = 477,860 units initially; additional subscription agreement for C$138,930 pending.
  • Pricing: C$1.00 per unit – a 42.86 % premium to market price of C$0.30 CAD.
  • Composition of each Unit: 1 Subordinate Voting Share (SVS) + 1 SVS purchase warrant (exercisable at C$2.00 until 29 Sep 2030).
  • Gross proceeds:
  • LIFE Offering: C$200,000
  • First tranche of Non‑Brokered Offering: C$1,331,463
  • Expected total after pending subscription: C$1,670,393
  • Hold period: Units from the Non‑Brokered Offering subject to a statutory four‑month hold; LIFE Offering units not subject to hold.
  • Acceleration provision: Not applicable to warrants issued under the Non‑Brokered Offering; LIFE Offering warrants may accelerate expiry if SVS price exceeds C$3.00 for ten consecutive trading days after the initial hold period.
  • Use of proceeds:
  • Marketing, partner development, industry fees for “Digital Twins” technology.
  • General working capital and corporate expenses (director/officer fees, consulting, professional services).
  • Funding activities toward a potential NASDAQ listing to align valuation with peers and enable future M&A.
  • Related‑party participation: 1,192,533 units subscribed by related parties (≤25 % of market cap), exempt from certain valuation/shareholder approval requirements.
  • Regulatory notes: Offerings remain subject to final TSX Venture Exchange approval; securities not registered in the U.S. and may not be offered there.

Notable Quotes

(No direct CEO/President quotes were included in the release.)

Read the original news release →

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