Agereh Technologies plans $600,000 private placement

Agereh Technologies Inc. (TSXV: AUTO) announced a private placement offering of up to 24,000,000 units at $0.025 per unit, seeking gross proceeds of up to $600,000, according to a press release dated October 16, 2026.

Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share at $0.05 per share for a period of two years from the date of issue.

The company said proceeds will be directed toward product development, sales and marketing, and general working capital and administrative expenses.

All securities issued under the offering, including those issuable upon exercise of the warrants, are subject to a hold period expiring four months and one day from the date of issuance. The offering remains subject to acceptance by the TSX Venture Exchange.

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