Source: TrustBIX
  • TrustBIX (TBIX) has increased the size of its non-brokered private placement to $1,000,000
  • The company will issue up to 28,571,428 common shares priced at $0.035 per share
  • The net proceeds will be used for general working capital
  • TrustBIX provides information solutions for the livestock industry
  • TrustBIX Inc. (TBIX) opened trading at C$0.035

TrustBIX (TBIX) has increased the size of its non-brokered private placement offering from $500,000 up to $1,000,000.

The company will issue up to 28,571,428 common shares priced at $0.035 per share.

The net proceeds will be used for general working capital.

The securities issued are subject to a four-month  hold period.

About TrustBIX

TrustBIX provides agri-food traceability and chain of custody value solutions. The proprietary platform, BIX (Business InfoXchange system), is designed to create trust without compromising privacy through innovative, blockchain-derived use of technology and data. TrustBIX delivers independent validation of food provenance and sustainable production practices within the supply chain – Gate to Plate.

ViewTrak Technologies Inc., a wholly owned subsidiary, provides a suite of hardware and software solutions to the livestock industry in Canada, United States, Mexico and China.

TrustBIX Inc. (TBIX) opened trading at C$0.035.


More From The Market Online

Small-cap Canadian healthcare firm expands AI-screening at home and abroad

Diagnos (TSXV:ADK) uses AI through its CARA platform to help detect eye diseases like diabetic retinopathy & age-related macular degeneration

This healthtech company improves neurological care with AI

CeriBell is a healthtech company applying AI to neurological critical care, vastly improving diagnoses versus legacy technology.
Microsoft Vancouver office building

Microsoft offers voluntary buyouts to tens of thousands of employees

Microsoft (NASDAQ:MSFT) is offering voluntary buyouts to employees across several major divisions in the U.S., U.K., Canada, and India.