PriceSensitive

TrustBIX Inc. (TSXV:TBIX) upsizes private placement

Technology, The Market Online Deal Room
TSXV:TBIX
02 March 2023 08:45 (EDT)

Source: TrustBIX

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.


Related News