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Voxtur (TSXV:VXTR) closes $20M private placement

Real Estate
TSXV:VXTR
22 December 2021 13:30 (EDT)

Voxtur Analytics (VXTR) has closed its brokered private placement for aggregate gross proceeds of $502,897.

The company issued 21,721,912 common shares.

Concurrently with the closing of the brokered offering, Voxtur closed its non-brokered private placement, issuing a total of 558,774 common shares.

In connection with the offering, it paid a cash finder’s fee and issued a total of 651,657 broker warrants. No finder’s fee was paid for the non-brokered offering.

The net proceeds from the offering will be used for future acquisitions, working capital, and general corporate purposes.

The common shares issued pursuant to the offering will be subject to a hold period expiring four months and one day from the date of issue. The offering is subject to final approval from the TSX Venture Exchange.

Voxtur is a transformational real estate technology company that is redefining industry standards in a dynamic lending environment.

It offers targeted data analytics to simplify tax solutions, property valuation, and settlement services throughout the lending lifecycle for investors, lenders, government agencies and services.

Voxtur Analytics Corp. (VXTR) is in the grey, trading at C$1.05 at 12:57 pm EST.

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