AI/ML Innovations closes final tranche of private placement at $0.05

AI/ML Innovations Inc. (CSE: AIML)(OTCQB: AIMLF)(FSE: 42FB) has closed the second and final tranche of its non-brokered private placement, issuing 7,300,000 units at $0.05 per unit to raise gross proceeds of $365,000, according to a company statement dated September 14, 2026.

Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable to acquire one additional common share at $0.15 for a period of 60 months from the date of issuance, subject to anti-dilution provisions.

In connection with the second tranche, the company issued 196,000 broker warrants to eligible finders, with each broker warrant carrying an exercise price of $0.15 and a five-year term.

All securities issued in the second tranche are subject to a statutory hold period expiring January 15, 2027.

AI/ML Innovations is a Toronto-based technology company whose shares trade on the Canadian Securities Exchange, the OTCQB Venture Market, and the Frankfurt Stock Exchange.

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