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Zonetail Inc. Extends Share Placement Offer
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Zonetail Inc. Extends Share Placement Offer

Zonetail, Inc. (TSE:ZONE) has released an update.

Zonetail Inc. has extended its non-brokered private placement offer, aiming to raise up to $1,000,000 by April 16, 2024. The funds are earmarked for major integration projects and general working capital, with a clear allocation strategy including technology additions and salaries. The offer includes common shares at $0.02 each and may involve a certain level of insider participation, subject to a four-month holding period.

For further insights into TSE:ZONE stock, check out TipRanks’ Stock Analysis page.

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