• Editor’s Pick
  • Investing
  • Economy
  • Stock
  • Politics
Income Researchers
Investing

Syntheia Announces Private Placement

by May 29, 2025
May 29, 2025

Syntheia Corp. (CSE: SYAI) (Syntheia.ai) (the ‘Company’), is pleased to announce that it intends to complete a non-brokered private placement financing for gross proceeds of up to $500,000 through the issuance of up to 5,000,000 units (each, a ‘Unit’) at a price of $0.10 per Unit (the ‘Offering’).

Each Unit will be comprised of one common share in the capital of the Company (each, a ‘Common Share‘) and one Common Share purchase warrant (each, a ‘Warrant‘). Each Warrant is exercisable to acquire one Common Share at a price of $0.13 until the date that is two years from the closing of the Offering (the ‘Expiry Date‘), subject to an accelerated expiry in the event the volume weighted average trading price of the Common Shares exceeds $0.13 for 20 consecutive trading days, the Company may, within 10 business days of the occurrence of such event, deliver a notice to the holders of the Warrants accelerating their Expiry Date to a date that is not less than 30 days following the date of such notice and the issuance of a press release by the Company announcing the acceleration notice (the ‘Accelerated Exercise Period‘). Any unexercised Warrants shall automatically expire at the end of the Accelerated Exercise Period.

Gross proceeds raised from the Offering will be used for working capital and general corporate purposes. Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of Canadian Securities Exchange (the ‘CSE‘). In connection with the Offering, the Company may pay finders’ fees in cash or securities or a combination of both, as permitted by the CSE. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Syntheia

Syntheia Corp. is an early-stage artificial intelligence technology company, channeling its efforts into refining and expanding its proprietary, conversational AI-based platform (the ‘Syntheia AI Platform‘). The Syntheia AI Platform represents the integration of natural language processing (‘NLP‘) technology, enabling it to not only understand but also respond to human language with accuracy. The Syntheia AI Platform, a generative, AI-powered algorithm equipped with a human-like voice, boasts self-learning capabilities derived from NLP methodologies.

Currently in beta testing, the Syntheia AI Platform is crafted to offer a suite of automated solutions, particularly for retail-focused businesses where customer interaction and service are key to operations. At the heart of the Syntheia AI Platform is its use of AI to emulate human cognitive processes, combined with a sophisticated large language model, which is integral for interpreting and generating human-like language responses.

For further information, please contact:

Tony Di Benedetto
Chief Executive Officer
Tel: (416) 791-9399

Cautionary Statement

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This news release contains certain ‘forward-looking information’ within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘may’, ‘will’, ‘would’, ‘potential’, ‘proposed’ and other similar words, or statements that certain events or conditions ‘may’ or ‘will’ occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

The securities of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253829

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com
previous post
Pinnacle Silver and Gold Corp. Announces Participation in THE Mining Investment Event, Quebec City, June 3-5, 2025
next post
Osisko Metals Announces Voting Results of Annual and Special Meeting of Shareholders

Related Posts

Crypto Market Recap: Bitcoin Price Stalls as Fed...

June 20, 2025

Ericsson, Rogers Launch Canada’s First Underground 5G Network...

June 20, 2025

Jeffrey Christian: Gold, Silver, PGMs — Short-term Prices...

June 20, 2025

Coelacanth Energy

June 20, 2025

Crypto Market Recap: Coinbase Launches Stablecoin Payments, Arizona...

June 20, 2025

Allied Critical Metals: Advancing Tungsten Projects in Portugal

June 20, 2025

E-Power Resources Inc. Announces Closing of Oversubscribed Hard...

June 20, 2025

Canadian Investment Regulatory Organization Trade Resumption – CYG

June 20, 2025

Galan Lithium Limited: A$20 million Placement to Strategic...

June 20, 2025

Mali Court Seizes Control of Barrick Gold Mine...

June 20, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Several provisions fail to pass muster with Senate rules in ‘big, beautiful bill’

      June 21, 2025
    • State Department says it has provided guidance to more than 25,000 people in Israel, West Bank and Iran

      June 21, 2025
    • Trump and Rubio secure Rwanda-Congo peace treaty amid Pakistan’s Nobel Prize nomination

      June 21, 2025
    • Crypto Market Recap: Bitcoin Price Stalls as Fed Holds Rates Steady, Circle Shares Jump

      June 20, 2025
    • Ericsson, Rogers Launch Canada’s First Underground 5G Network for Smart Mining

      June 20, 2025

    Archives

    • June 2025 (538)
    • May 2025 (290)
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 incomeresearchers.com | All Rights Reserved

    Income Researchers
    • Editor’s Pick
    • Investing
    • Economy
    • Stock
    • Politics

    Read alsox

    Blackrock Silver Drills Multiple +1 kg/t AgEq Intercepts...

    June 17, 2025

    Juggernaut Files for Final Approval of Oversubscribed Financing

    May 30, 2025

    Resolution Minerals to Acquire Horse Heaven Antimony-Gold-Tungsten Project...

    June 18, 2025