- Infinity Stone (GEMS) has the second tranche a non-brokered private placement for gross proceeds of up to $199,250
- Under the second tranche, the company issued 1,328,333 units at $0.15 per unit
- Net proceeds will be used for general working capital
- Infinity Stone is a technology company developing and delivering SaaS solutions for the public and private sectors
- Infinity Stone Ventures Corp. (GEMS) opened trading at C$0.19
Infinity Stone (GEMS) has closed the second tranche of its non-brokered private placement for gross proceeds of $199,250.
Under the second tranche, the company issued 1,328,333 units at $0.15 per unit. Each unit will include one share and one-half of one share purchase warrant. Each warrant will entitle the holder to acquire one additional share.
Net proceeds will be used for general working capital.
Securities issued will be subject to a statutory four-month hold period.
Infinity Stone is a technology company developing and delivering SaaS solutions for the public and private sectors. It integrates data collection and management (Smart Health RM), communications (Smart Connect), advertising (Engagency), and IoT devices (Smart Check).
Infinity Stone Ventures Corp. (GEMS) opened trading at C$0.19.