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Image source: © 2025 Krish Capital Pty.Ltd
Highlights
• Third tranche raises CAD137,314.60 through 686,573 units at CAD0.20 each
• Cumulative offering to date totals over CAD415,000
• Warrants exercising at CAD0.24 per share for 36 months
• Proceeds to support ML model development, debt settlement, and investor outreach
• Related party participation exempt under MI 61-101 disclosure rules
MyndTec Inc. (CSE: MYTC), a medical technology company focused on neurological treatment and rehabilitation, has closed the third tranche of its non-brokered private placement, raising gross proceeds of CAD137,314.60. This funding round involved the issuance of 686,573 units priced at CAD0.20 per unit.
Each unit consists of one common share and one-half of one warrant, with each whole warrant exercisable at CAD0.24 per share for a 36-month period from the date of closing. With this third tranche, MyndTec has now issued 2,076,332 units under the ongoing offering, raising a total of CAD415,266.40.
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