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Posted by
Two Blokes Jul 10 -
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Stock
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Vancouver, British Columbia--(Newsfile Corp. - July 9, 2025) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company") is pleased to announce that the Company has closed its previously-disclosed non-brokered private placement (the "Offering") of units of the Company (each, a "Unit") at a price of US$0.50 per Unit for aggregate gross proceeds of $600,000. Each of the 1,200,000 Units consists of one common share in the capital of the Company (each, a "Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"), with each Warrant entitling the holder thereof to acquire one additional Share at an exercise price of $0.75 per Share for a period of 18 months.