Railtown AI Technologies Inc (TSE:RAIL) has released an update.
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Railtown AI Technologies Inc. has successfully completed a non-brokered private placement, raising $1.47 million by selling units at $0.21 each, which include share purchase warrants. The funds raised are earmarked for general working capital purposes, and the securities issued are subject to a four-month hold plus U.S. resale restrictions.
For further insights into TSE:RAIL stock, check out TipRanks’ Stock Analysis page.