Zonetail (TSE:ZONE) has released an update.
Zonetail Inc. has successfully completed the initial closing of its non-brokered private share placement, raising $165,000 towards a $1,000,000 goal, with further closings expected in October. The funds are earmarked for completion of integration projects, development, sales efforts, and general capital needs, with a detailed allocation provided for various operational expenses.
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