Zonetail, Inc. (TSE:ZONE) has released an update.
Zonetail Inc. has successfully completed the final tranche of its private placement, raising a total of $207,868 through the sale of 10,393,400 common shares, priced at $0.02 each. The funds raised are earmarked for major integration projects, including the Equifax Reporting Agreement, and general working capital, with a detailed allocation for salaries, technology enhancements, and investor relations. The offering, which may include accredited investors, adheres to a four-month hold period as per Canadian securities laws.
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