Scryb Inc. (TSE:SCYB) has released an update.
Scryb Inc. has extended its non-brokered private placement financing until May 31, 2024, aiming to raise up to $1.5 million through the issue of 60 million units at $0.025 each. The units include a common share and a purchase warrant, which allows buying an additional share at $0.05 within 18 months. Funds raised are destined for working capital and general corporate purposes, pending necessary approvals and subject to a four-month hold period.
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