- Zonetail (ZONE) has announced a non-brokered private placement for gross proceeds of up to $500,000
- The company will issue up to 12,500,000 units priced at $0.04 per unit
- Net proceeds will be used to support the company’s sales channel, technology development and working capital
- Zonetail is partnered with Yardi, Shiftsuite, and now MRI Software, accounting for an estimated 50 million households across North America
- Zonetail Inc. (ZONE) opened trading at C$0.03
Zonetail (ZONE) has announced a non-brokered private placement for gross proceeds of up to $500,000.
The company will issue up to 12,500,000 units priced at $0.04 per unit. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle its holder to purchase one additional share for a period of thirty-six months from the closing date of the offering.
The offering is subject to the receipt of all necessary approvals.
The company may pay cash finder’s fees and issue non-transferable warrants to registered dealers or finders.
Net proceeds will be used to support the company’s core business operations, including developing the company’s sales channel, technology development and working capital.
All securities issued will be subject to a statutory four-month hold period.
Zonetail Inc. is a mobile platform and market network. The Zonetail app enables high-rise residents to better manage their homes by connecting people to products, amenities, and services.
Zonetail is partnered with Yardi, Shiftsuite, and now MRI Software which together account for an estimated 50 million households across North America.
Zonetail Inc. (ZONE) opened trading at C$0.03.